Other Income (Expense), Net

6 Months Ended

Jun. 30, 2021

Other Income And Expenses [Abstract]

Other Income (Expense), Net

NOTE 13: 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,
	2021		2020			2021			2020
	(in millions)					(in millions)
Foreign currency exchange rates gains (losses), net (1)	$	—	$	1		$	(2	)	$	2
Earnings (losses) from equity method investment, net		—		(1	)		(1	)		(1	)
Loss on sale of business (2)		—		(5	)		—			(5	)
Other income (losses), net		—		(4	)		2			(5	)
Total	$	—	$	(9	)	$	(1	)	$	(9	)

(1) Foreign currency exchange gains (losses), net, are generally related to foreign exchange transaction gains and losses due to required conversion from transaction currency to 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.