OTHER NON-OPERATING (EXPENSE) INCOME, NET

12 Months Ended

Dec. 31, 2021

Other Income and Expenses [Abstract]

OTHER NON-OPERATING (EXPENSE) INCOME, NET

OTHER NON-OPERATING INCOME, NET

The following table summarizes the components of other non-operating income, net as presented in the consolidated statements of operations:

	Year Ended December 31,
	2021		2020		2019
FX (loss) gain	$	(1)	$	2	$	(18)
Purchase price hedge loss(1)	(13)		—		—
Net periodic pension costs—other components(2)	9		13		18
Income from investments in non-consolidated affiliates(3)	60		6		13
Other	27		25		7
Total	$	82	$	46	$	20

(1)Reflects a loss on a forward contract to hedge a portion of the RMS British pound-denominated purchase price.

(2)The amount for the year ended December 31, 2021 includes an $8 million loss related to a settlement of pension obligations.

(3)The amount for the year ended December 31, 2021 includes a $36 million non-cash gain relating to the exchange of Moody’s minority investment in VisibleRisk (accounted for under the equity method) for shares of BitSight, a cybersecurity ratings company.