Net Interest and Other Financial Costs (Tables)

3 Months Ended

Mar. 31, 2023

Other Income and Expenses [Abstract]

Net Interest And Other Financial Income (Costs)

Net interest and other financial costs were as follows:

	Three Months Ended  March 31,
(Millions of dollars)	2023		2022
Interest income	$	(121)	$	(5)
Interest expense	334		310
Interest capitalized	(23)		(23)
Pension and other postretirement non-service costs(a)	(23)		(21)
Loss on extinguishment of debt	9		—
Investments - net premium (discount) amortization	(28)		(1)
Other financial costs	6		2
Net interest and other financial costs	$	154	$	262

(a)See Note 21.