SUPPLEMENTAL FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2023

Supplemental Financial Information [Abstract]

SUPPLEMENTAL FINANCIAL INFORMATION

18. SUPPLEMENTAL FINANCIAL INFORMATION

The components of Other income (expense), net are summarized as follows for the years ended December 31:

In millions	2023		2022		2021
Other income (expense), net
Interest income	$	13	$	13	$	8
Foreign currency fluctuations and foreign exchange contracts	(28)		(17)		(2)
Bank-related fees	(28)		(9)		(27)
Employee benefit plans(1)	(8)		40		9
Other, net	(28)		(9)		(1)
Total other income (expense), net	$	(79)	$	18	$	(13)

(1) For the year ended December 31, 2023, the actuarial loss related to the remeasurement of our pension plan assets and liabilities was $7 million. For the year ended December 31, 2022, the actuarial gain related to the remeasurement of our pension plan assets and liabilities was $41 million. For the year ended December 31, 2021, the actuarial gain related to the remeasurement of our pension plan assets and liabilities was $7 million.

The components of inventory are summarized as follows:

In millions	December 31, 2023		December 31, 2022
Inventories
Work in process and raw materials	$	14	$	48
Finished goods	112		166
Service parts	128		143
Total inventories	$	254	$	357

The components of property, plant and equipment, net are summarized as follows:

In millions	December 31, 2023		December 31, 2022
Property, plant and equipment
Land and improvements	$	1	$	2
Buildings and improvements	208		145
Machinery and other equipment	476		570
Finance lease assets	71		59
Property, plant and equipment, gross	756		776
Less: accumulated depreciation	(544)		(549)
Total property, plant and equipment, net	$	212	$	227