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Other Operating Expenses (Income), net
12 Months Ended
Dec. 31, 2020
Other Income and Expenses [Abstract]  
Other Operating Expenses (Income), net Other Operating Expenses (Income), net
Other operating expenses (income), net, consist of the following (in millions):

202020192018
Net losses (gains) on disposal of assets, restaurant closures and refranchisings$$$19 
Litigation settlements and reserves, net11 
Net losses (gains) on foreign exchange100 (15)(33)
Other, net(8)(4)11 
Other operating expenses (income), net$105 $(10)$
Net losses (gains) on disposal of assets, restaurant closures, and refranchisings represent sales of properties and other costs related to restaurant closures and refranchisings. Gains and losses recognized in the current period may reflect certain costs related to closures and refranchisings that occurred in previous periods.
Litigation settlements and reserves, net primarily reflects accruals and payments made and proceeds received in connection with litigation matters.
Net losses (gains) on foreign exchange is primarily related to revaluation of foreign denominated assets and liabilities.