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Other Financial Data (Notes)
 12 Months Ended
Dec. 30, 2023
Other Income and Expenses [Abstract]  
Other Financial Data Other Financial Data
Consolidated Statements of Income Information
Other expense/(income)
Other expense/(income) consists of the following (in millions):
December 30, 2023December 31, 2022December 25, 2021
Amortization of postemployment benefit plans prior service costs/(credits)$(14)$(14)$(7)
Net pension and postretirement non-service cost/(benefit)(a)
67 (135)(214)
Loss/(gain) on sale of business(b)
(4)(25)(44)
Interest income(40)(27)(15)
Foreign exchange losses/(gains)73 (106)(101)
Derivative losses/(gains)(59)50 86 
Other miscellaneous expense/(income)4 4 — 
Other expense/(income)$27 $(253)$(295)
(a)    Excludes amortization of prior service costs/(credits).
(b)    Includes a gain on the remeasurement of a disposal group that was reclassified as held and used in the third quarter of 2021.
We present all non-service cost components of net pension cost/(benefit) and net postretirement cost/(benefit) within other expense/(income) on our consolidated statements of income. See Note 11, Postemployment Benefits, for additional information on these components, including any curtailments and settlements, as well as information on our prior service costs/(credits) amortization. See Note 4, Acquisitions and Divestitures, for additional information related to our loss/(gain) on sale of business. See Note 12, Financial Instruments, for information related to our derivative impacts.
Other expense/(income) was $27 million of expense in 2023 compared to $253 million of income in 2022. This change was primarily driven by a $67 million net pension and postretirement non-service costs in 2023 compared to a $135 million net pension and postretirement non-service benefit in 2022, a $73 million net foreign exchange loss in 2023 compared to a $106 million net foreign exchange gain in 2022, and a $21 million decrease in gain on sale of businesses. These impacts were partially offset by a $59 million net gain on derivative activities in 2023 compared to a $50 million net loss on derivative activities in 2022, and a $13 million increase in interest income as compared to the prior year period.
Other expense/(income) was $253 million of income in 2022 compared to $295 million of income in 2021. This change was primarily driven by a $79 million decrease in net pension and postretirement non-service benefits and a $25 million net gain on sales of businesses in 2022 compared to a $44 million net gain on sales of businesses in 2021. These impacts were partially offset by a $50 million net loss on derivative activities in 2022 compared to an $86 million net loss on derivative activities in 2021 and a $12 million increase in interest income as compared to the prior year.