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Other Operating Expenses (Income), net
6 Months Ended
Jun. 30, 2023
Other Income and Expenses [Abstract]  
Other Operating Expenses (Income), net Other Operating Expenses (Income), net
Other operating expenses (income), net consists of the following (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
Net losses (gains) on disposal of assets, restaurant closures, and refranchisings$(9)$(1)$(11)$
Litigation settlements (gains) and reserves, net(3)(2)
Net losses (gains) on foreign exchange(1)(31)(52)
Other, net16 
     Other operating expenses (income), net$(7)$(25)$10 $(41)
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.
Net losses (gains) on foreign exchange is primarily related to revaluation of foreign denominated assets and liabilities, primarily those denominated in Euros and Canadian dollars.
Other, net for 2023 is primarily related to payments in connection with FHS area representative buyouts.