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Other (Income) Expense - Net (Tables)
6 Months Ended
Jun. 30, 2014
Other Income and Expenses [Abstract]  
Other (Income) Expense - Net
The following tables set forth the items in other (income) expense:

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2014
 
2013
 
2014
 
2013
 
(In millions)
 
 
 
 
 
 
 
 
Gains on sales of assets
$
(13
)
 
$
(16
)
 
$
(34
)
 
$
(21
)
Net gain on marketable securities transactions

 
(5
)
 

 
(5
)
Loss on Australian foreign exchange hedges

 
51

 

 
51

Other – net
16

 
(8
)
 
14

 

Other (Income) Expense - Net
$
3

 
$
22

 
$
(20
)
 
$
25



The loss on Australian foreign exchange hedges for the three and six months ended June 30, 2013 was related to losses on foreign currency derivative contracts entered into to economically hedge substantially all of the remaining U.S. dollar cost of the proposed GrainCorp Limited (GrainCorp) acquisition.