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Other Income (Loss), Net
 12 Months Ended
Dec. 31, 2015
Other (Loss) Income, Net [Abstract]  
Other (Loss) Income, Net
Other Income, Net.
Other income, net consists of the following:
 
Year Ended December 31,
  
2015
 
2014
 
2013
 
(in millions)
Loss on extinguishment of debt (Note 10)
$
(2
)
 
$
(162
)
 
$
—

Gain on acquisition (Note 3)
5

 
—

 
—

Realized and unrealized (loss) gain on derivatives, net (Note 7)
(29
)
 
186

 
57

Tax settlement gain (loss)
—

 
32

 
(23
)
Net gain (loss) on disposition of assets
40

 
25

 
(56
)
Predecessor claim settlement
—

 
53

 
—

Equity earnings from non-consolidated affiliates
62

 
50

 
26

Foreign currency translation loss
(10
)
 
(10
)
 
(12
)
Other
9

 
8

 
29

 
$
75

 
$
182

 
$
21


In December 2014, our Gaming segment settled certain predecessor claims which resulted in a one-time gain of $53 million during 2014.
The net gain on disposition of assets for 2014 primarily relates to net gains on the sale of fixed assets within various segments. The net loss on disposition of assets for 2013 primarily relates to various divestitures by our Automotive segment. During the first quarter of 2013, our Automotive segment recorded a loss on divestiture of $48 million related to the disposal of its sintered components operations located in France. During the second quarter of 2013, our Automotive segment recorded a loss on divestiture of $6 million related to its connecting rod manufacturing facility located in Canada and its camshaft foundry located in the United Kingdom. During the third quarter of 2013, our Automotive segment recorded a loss on divestiture relating to its fuel pump business of $6 million, which is net of a $19 million OPEB curtailment gain, as discussed further in Note 11, "Pension, Other Post-employment Benefits and Employee Benefit Plans." Because the financial results from the disposition of these businesses were not material, individually or in the aggregate, to our consolidated financial statements, we did not reflect the dispositions of these businesses as discontinued operations.
During 2014, our Gaming segment recorded a gain of $32 million related to the settlement of a certain property tax matter in Atlantic City, New Jersey. During 2013, our Food Packaging segment recorded a loss of $23 million related to the settlement of a certain tax matter.