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Other Income (Expense), Net (Tables)
6 Months Ended
Jun. 30, 2020
Other Income And Expenses [Abstract]  
Summary of Other Income (Expense), Net

Other income (expense), net, consists of the following for the periods presented:

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(in millions)

 

 

(in millions)

 

Foreign currency exchange rates gains (losses), net (1)

 

$

1

 

 

$

(1

)

 

$

2

 

 

$

(1

)

Earnings (losses) from equity method investment, net

 

 

(1

)

 

 

 

 

 

(1

)

 

 

 

Loss on sale of business (2)

 

 

(5

)

 

 

 

 

 

(5

)

 

 

 

Other, net

 

 

(4

)

 

 

 

 

 

(5

)

 

 

 

Total

 

$

(9

)

 

$

(1

)

 

$

(9

)

 

$

(1

)

 

(1)

Our foreign currency exchange gains (losses), net, are generally related to foreign exchange transaction gains and losses from the conversion of the transaction currency to the functional currency, partially offset by the foreign currency forward contract gains and losses.

 

(2)

Related to loss on disposal on the sale of our SmarterTravel business during the three months ended June 30, 2020.