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Other income (expense)
 12 Months Ended
Dec. 31, 2015
Other Income and Expenses [Abstract]  
Other income (expense)
Other income (expense)
 
 
 
Years ended December 31,
(Millions of dollars)
 
2015
 
2014
 
2013
Investment and interest income
 
$
65

 
$
66

 
$
84

Foreign exchange gains (losses) 1 
 
(173
)
 
137

 
(253
)
License fee income
 
111

 
128

 
114

Gains (losses) on sale of securities and affiliated companies
 
176

2 
36

 
21

Miscellaneous income (loss)
 
(18
)
 
(45
)
 
—

Total
 
$
161

 
$
322

 
$
(34
)

1 
Includes gains (losses) from foreign exchange derivative contracts.  See Note 3 for further details.
2 
Includes pretax gain of $120 million related to the sale of Caterpillar's 35 percent equity interest in the third party logistics business. See Note 9 for further details.