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Other (Income) Expense - Net
 12 Months Ended
Dec. 31, 2019
Other Income and Expenses [Abstract]  
Other (Income) Expense - Net Other (Income) Expense – Net

The following table sets forth the items in other (income) expense: 
(In millions)
Year Ended December 31
 
2019
 
2018
 
2017
 
 
 
 
 
 
(Gains) loss on sales of assets and businesses
$
39

 
$
(43
)
 
$
(80
)
Pension settlement
—

 
117

 
—

Loss on debt extinguishment
—

 
—

 
11

Other – net
(32
)
 
27

 
59

 
$
7

 
$
101

 
$
(10
)


Individually significant items included in the table above are:

Gains (loss) on sales of assets for the year ended December 31, 2019 included a loss on sale of the Company's equity investment in CIP partially offset by gains on the sale of certain assets, step-up gains on equity investments, and gains on disposals of individually insignificant assets in the ordinary course of business. Gains on sales of assets and businesses for the year ended December 31, 2018 included gains on the sale of the Company's oilseeds operations in Bolivia and an equity investment, and individually insignificant assets in the ordinary course of business. Gains on sales of assets and businesses for the year ended December 31, 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.
  
Pension settlement for the year ended December 31, 2018 related to the purchase of a group annuity contract that irrevocably transferred the future benefit obligations and annuity administration for certain retirees under the Company's ADM Retirement Plan.

Loss on debt extinguishment for the year ended December 31, 2017 related to the early redemption of the Company’s $559 million notes due on March 15, 2018.

Realized gains and losses on sales of available-for-sale marketable securities were immaterial for all periods presented.

Other - net for the year ended December 31, 2019 included other income and the non-service components of net pension benefit income of $15 million, partially offset by foreign exchange losses. Other - net for the year ended December 31, 2018 included foreign exchange losses partially offset by other income and the non-service components of net benefit income of $10 million. Other - net for the year ended December 31, 2017 included provisions for contingent losses related to certain legal settlement items in the Oilseeds and Nutrition segments, foreign exchange losses, and the non-service components of net benefit cost of $27 million, partially offset by other income.