OTHER (INCOME) EXPENSE

9 Months Ended

Sep. 30, 2014

Other Income Expense [Abstract]

Other (income) expense [Text Block]

Note 5. Other (Income) Expense

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
Equity income of affiliated companies	$	(10)	$	(11)	$	(27)	$	(31)
Gain on sale of available for sale investments		-		-		(105)		-
Loss on sale of non-strategic businesses and assets		1		-		11		-
Interest income		(24)		(15)		(71)		(47)
Foreign exchange		11		21		30		24
Other, net		1		4		3		1
	$	(21)	$	(1)	$	(159)	$	(53)

Gain on sale of available for sale investments for the nine months ended September 30, 2014 is due to $105 million of realized gain related to the sale of marketable equity securities in the first quarter. These securities (B/E Aerospace common stock), designated as available for sale, were obtained in conjunction with the sale of the Consumables Solutions business in July 2008.