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Other (Income) Expense (Tables)
6 Months Ended
Jun. 30, 2023
Other Income and Expenses [Abstract]  
Schedule of Other Income and Expense

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Non-service related pension and other postretirement benefits cost

 

$

64

 

 

$

29

 

 

$

93

 

 

$

42

 

Financing fees and financial instruments expense

 

 

17

 

 

 

10

 

 

 

29

 

 

 

17

 

Net foreign currency exchange (gains) losses

 

 

29

 

 

 

(1

)

 

 

41

 

 

 

1

 

General and product liability expense - discontinued products

 

 

1

 

 

 

2

 

 

 

3

 

 

 

3

 

Royalty income

 

 

(11

)

 

 

(6

)

 

 

(18

)

 

 

(17

)

Net (gains) losses on asset sales

 

 

(60

)

 

 

(95

)

 

 

(62

)

 

 

(98

)

Interest income

 

 

(18

)

 

 

(6

)

 

 

(34

)

 

 

(11

)

Miscellaneous (income) expense

 

 

14

 

 

 

2

 

 

 

9

 

 

 

3

 

 

$

36

 

 

$

(65

)

 

$

61

 

 

$

(60

)