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OTHER INCOME, NET
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
OTHER INCOME, NET OTHER INCOME, NET
The components of Other income, net are as follows:
For the year ended December 31,
In millions202420232022
Foreign currency (loss) gain$(19)$(20)$
Equity income25 17 
Expected return on pension assets/amortization11 
Other miscellaneous income (expense)32 (1)
Total Other income, net$$44 $29 
As a result of the change in ownership interest and obtaining control of LKZ, Wabtec's previously held equity interest balance was remeasured to fair value, resulting in a gain of approximately $35 million recorded to Other income, net and is included in Other miscellaneous income (expense) in 2023. See Note 3 for additional information.