XML 64 R21.htm IDEA: XBRL DOCUMENT v3.2.0.727
OTHER OPERATING INCOME, NET
 6 Months Ended
Jun. 30, 2015
OTHER OPERATING INCOME, NET
OTHER OPERATING INCOME, NET
Other operating income, net:
•
includes both recurring and occasional income and expense items and
•
can fluctuate from year to year.

Items Included in Other Operating Income, Net
 
QUARTER ENDED
 
YEAR-TO-DATE ENDED
DOLLAR AMOUNTS IN MILLIONS
JUNE 2015
 
JUNE 2014
 
JUNE 2015
 
JUNE 2014
Gain on postretirement plan amendment (Note 6)
$
—

 
$
(45
)
 
$
—

 
$
(90
)
Gain on disposition of nonstrategic assets
(4
)
 
(1
)
 
(6
)
 
(24
)
Foreign exchange losses (gains), net
(8
)
 
(12
)
 
21

 
2

Land management income
(10
)
 
(9
)
 
(18
)
 
(16
)
Other, net
7

 
2

 
3

 
(12
)
Total other operating income, net
$
(15
)
 
$
(65
)
 
$
—

 
$
(140
)

Gain on disposition of nonstrategic assets in 2014 included a $22 million pretax gain recognized in first quarter 2014 on the sale of a landfill in Washington State.
Foreign exchange losses (gains) result from changes in exchange rates on transactions, primarily related to our Canadian operations.
Land management income includes income from recreational activities, land permits, grazing rights, firewood sales and other miscellaneous income related to land management activities.