OTHER (INCOME) EXPENSE

12 Months Ended

Dec. 31, 2024

Other Income and Expenses [Abstract]

OTHER (INCOME) EXPENSE

OTHER (INCOME) EXPENSE

	Years Ended December 31,
	2024		2023		2022
Interest income	$	(426)	$	(321)	$	(138)
Pension ongoing income—non-service	(531)		(441)		(602)
Other postretirement income—non-service	(11)		(29)		(41)
Equity income of affiliated companies	(65)		(100)		(61)
Loss (gain) on sale of non-strategic businesses and assets	1		(5)		(22)
Foreign exchange loss	56		9		48
Expense related to UOP Matters	—		—		45
Expense (benefit) related to Russia-Ukraine conflict	17		(3)		45
Net expense related to the NARCO Buyout and HWI Sale	—		11		342
Other, net	129		39		18
Total Other (income) expense	$	(830)	$	(840)	$	(366)

See Note 19 Commitments and Contingencies for more information on the UOP Matters, NARCO Buyout, and HWI Sale. See Note 4 Repositioning and Other Charges for further discussion of the expense related to the Russia-Ukraine conflict.