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Other (Income) Expense - Net
 6 Months Ended
Jun. 30, 2016
Other Income and Expenses [Abstract]  
Other (Income) Expense - Net
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,
 
2016
 
2015
 
2016
 
2015
 
(In millions)
Gains on sales of assets/revaluations
$
(121
)
 
$
(101
)
 
$
(124
)
 
$
(104
)
Other – net
(13
)
 
6

 
(10
)
 
(9
)
Other (Income) Expense - Net
$
(134
)
 
$
(95
)
 
$
(134
)
 
$
(113
)





Gains on sales of assets/revaluations for the three and six months ended June 30, 2016 include realized additional consideration related to the sale of the Company’s equity investment in Gruma S.A.B de C.V. in December 2012 of $48 million, recovery of loss provisions and gain related to the sale of the Company’s Brazilian sugar ethanol facilities of $63 million, gain related to the revaluation of the remaining interest to settlement value in conjunction with the acquisition of the remaining interest in Amazon Flavors of $12 million, and a loss on sale of assets of $5 million. Gains on sales of assets/revaluations for the three and six months ended June 30, 2015 include gain on the revaluation of the Company’s previously held investments in North Star Shipping and Minmetal in conjunction with the acquisition of the remaining interest of $27 million, gain on the sale of a 50% interest in the Barcarena export terminal facility in Brazil to Glencore plc of $68 million, and gain on the sale of the lactic business of $6 million.

Other - net for the three and six months ended June 30, 2016 includes foreign exchange gains and other income partially offset by losses from foreign exchange derivative contracts. Other - net for the three months ended June 30, 2015 includes foreign exchange losses partially offset by gains from foreign exchange derivative contracts and other income. Other - net for the six months ended June 30, 2015 includes gains from foreign exchange derivative contracts and other income partially offset by foreign exchange losses.