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Other Expense, net-K
12 Months Ended
Dec. 31, 2015
Other Expense  
Other Expense

15.  Other Expense, net

Other expense, net for the years ended December 31, 2015, 2014, and 2013 included the following:

 

 

 

 

 

 

 

 

 

 

 

 

    

2015

    

2014

    

2013

 

Restructuring, asset impairment and other charges

 

$

75

 

$

68

 

$

97

 

Charge for asbestos related costs

 

 

225

 

 

135

 

 

145

 

Strategic transaction costs

 

 

23

 

 

 

 

 

 

 

Acquisition-related fair value intangible adjustments

 

 

10

 

 

 

 

 

 

 

Non-income tax charge

 

 

 

 

 

69

 

 

 

 

Charge for Argentina impairment

 

 

 

 

 

 

 

 

22

 

Foreign currency exchange loss (gain)

 

 

(10)

 

 

(2)

 

 

9

 

Other expense (income)

 

 

(3)

 

 

13

 

 

(7)

 

 

 

$

320

 

$

283

 

$

266

 

In 2014, the Company recorded a charge of $69 million resulting from a non-income tax assessment from a foreign tax authority.