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

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In millions)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Non-service related pension and other postretirement benefits cost

 

$

28

 

 

$

23

 

 

$

121

 

 

$

65

 

Financing fees and financial instruments expense

 

 

15

 

 

 

11

 

 

 

44

 

 

 

28

 

Net foreign currency exchange (gains) losses

 

 

(3

)

 

 

8

 

 

 

38

 

 

 

9

 

Interest income

 

 

(21

)

 

 

(11

)

 

 

(55

)

 

 

(22

)

General and product liability expense - discontinued products

 

 

2

 

 

 

2

 

 

 

5

 

 

 

5

 

Royalty income

 

 

(5

)

 

 

(5

)

 

 

(23

)

 

 

(22

)

Net (gains) losses on asset sales

 

 

(6

)

 

 

 

 

 

(68

)

 

 

(98

)

Miscellaneous (income) expense

 

 

11

 

 

 

14

 

 

 

20

 

 

 

17

 

 

$

21

 

 

$

42

 

 

$

82

 

 

$

(18

)