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Other Income (Expense), Net
9 Months Ended
Sep. 30, 2020
Other Income And Expenses [Abstract]  
Other Income (Expense), Net

NOTE 14: OTHER INCOME (EXPENSE), NET

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

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(in millions)

 

 

(in millions)

 

Foreign currency exchange gain (loss), net (1)

 

$

1

 

 

$

2

 

 

$

4

 

 

$

 

Earnings (losses) from equity method investment, net

 

 

(1

)

 

 

 

 

 

(2

)

 

 

 

Loss on sale/disposal of business (2)

 

 

(1

)

 

 

 

 

 

(6

)

 

 

 

Other, net

 

 

1

 

 

 

 

 

 

(5

)

 

 

 

Total

 

$

 

 

$

2

 

 

$

(9

)

 

$

 

 

(1)

Our foreign currency exchange gain (loss), 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)

Primarily related to loss on disposal on the sale of our SmarterTravel business in June 2020.