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Other (Income) Expense (Tables)
9 Months Ended
Sep. 30, 2021
Other Income and Expenses [Abstract]  
Schedule of Other Income and Expense

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In millions)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Non-service related pension and other postretirement benefits cost

 

$

21

 

 

$

39

 

 

$

70

 

 

$

90

 

Interest income on a favorable indirect tax ruling in Brazil

 

 

 

 

 

 

 

 

(48

)

 

 

 

Financing fees and financial instruments expense

 

 

7

 

 

 

6

 

 

 

31

 

 

 

18

 

Net foreign currency exchange (gains) losses

 

 

(2

)

 

 

(8

)

 

 

9

 

 

 

(5

)

General and product liability expense - discontinued products

 

 

 

 

 

1

 

 

 

4

 

 

 

5

 

Royalty income

 

 

(8

)

 

 

(5

)

 

 

(18

)

 

 

(14

)

Net (gains) losses on asset sales

 

 

(10

)

 

 

 

 

 

(10

)

 

 

2

 

Interest income

 

 

(6

)

 

 

(3

)

 

 

(17

)

 

 

(9

)

Transaction costs

 

 

 

 

 

 

 

 

39

 

 

 

 

Miscellaneous (income) expense

 

 

7

 

 

 

2

 

 

 

13

 

 

 

6

 

 

 

$

9

 

 

$

32

 

 

$

73

 

 

$

93