Other Expense, Net

9 Months Ended

Sep. 30, 2019

Other Income and Expenses [Abstract]

Other Expense, net

Other Expense, net

Items included in other expense, net consist of:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2019		2018		2019		2018
Restructuring expense	$	14	$	5	$	41	$	44
Merger, acquisition and divestiture expense	4		2		10		5
Other expense (income)	—		—		12		(7		)
Other expense, net	$	18	$	7	$	63	$	42

During the three and nine months ended September 30, 2019, the Company recorded restructuring expense of $14 million and $41 million, respectively. During the three and nine months ended September 30, 2018, the Company recorded restructuring expense of $5 million and $44 million, respectively. This restructuring expense primarily relates to Drivetrain and Engine segment actions designed to improve future profitability and competitiveness. Refer to Note 19, "Restructuring," to the Condensed Consolidated Financial Statements for more information.

During the three and nine months ended September 30, 2019, the Company recorded expenses, primarily professional fees, related to the Company's review of strategic acquisition and divestiture targets, including the 20% equity interest in Romeo Power Technology and the divestiture activities for the non-core pipe and thermostat product lines, of $4 million and $10 million, respectively. During the three and nine months ended September 30, 2018, the Company recorded expenses of $2 million and $5 million, respectively, primarily related to professional fees associated with divestiture activities for the non-core pipe and thermostat product lines. Refer to Note 23, "Assets and Liabilities Held For Sale," to the Condensed Consolidated Financial Statements for more information.

During the first nine months of 2019, the Company recorded $14 million of expense related to the receipt of a final unfavorable arbitration decision associated with the resolution of a matter related to a previous acquisition.

During the first nine months of 2018, the Company recorded a gain of approximately $4 million related to the settlement of a commercial contract for an entity acquired in the 2015 Remy acquisition.