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Other (Income) Expense - Net
9 Months Ended
Sep. 30, 2017
Other Income and Expenses [Abstract]  
Other (Income) Expense - Net
Other (Income) Expense - Net

The following table sets forth the items in other (income) expense:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2017
 
2016
 
2017
 
2016
 
(In millions)
(Gains) losses on sales of assets and businesses
$
(15
)
 
$
7

 
$
(66
)
 
$
(117
)
Loss on debt extinguishment
11

 

 
11

 

Other – net

 
(11
)
 
42

 
(21
)
Other (Income) Expense - Net
$
(4
)
 
$
(4
)
 
$
(13
)
 
$
(138
)


Gains on sales of assets for the three months ended September 30, 2017 included disposals of individually insignificant assets in the ordinary course of business. Gains on sales of assets and businesses for the nine months ended September 30, 2017 included gains related to the sale of the crop risk services business and disposals of other individually insignificant assets in the ordinary course of business, partially offset by an adjustment of the proceeds of the 2015 sale of the cocoa business. Losses on sale of assets for the three months ended September 30, 2016 related principally to a loss on the sale of an investment. Gains on sales of assets and businesses for the nine months ended September 30, 2016 included realized additional consideration related to the sale of the Company’s equity investment in Gruma S.A.B. de C.V. in December 2012, recovery of loss provisions and gain related to the sale of the Company’s Brazilian sugar ethanol facilities, and gain related to the revaluation of the remaining interest to settlement value in conjunction with the acquisition of the remaining interest in Amazon Flavors.

Loss on debt extinguishment for the three and nine months ended September 30, 2017 related to the early redemption of the Company’s $559 million notes due on March 15, 2018.

Other - net for the nine months ended September 30, 2017 included foreign exchange losses and changes in contingent settlement provisions. Other - net for the three and nine months ended September 30, 2016 included foreign exchange gains and other income.