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Other Income (expense)
 9 Months Ended
Sep. 30, 2019
Other Income (expense) [Abstract]  
Other income (expense) Other income (expense)

 
 
Three Months Ended September 30
 
Nine Months Ended September 30
(Millions of dollars)
 
2019
 
2018
 
2019
 
2018
Investment and interest income
 
$
50

 
$
59

 
$
156

 
$
139

Foreign exchange gains (losses) 1
 
(5
)
 
(81
)
 
(34
)
 
(160
)
License fee income
 
31

 
29

 
87

 
96

Net periodic pension and OPEB income (cost), excluding service cost
 
24

 
85

 
74

 
257

Gains (losses) on securities
 
2

 
13

 
55

 
18

Miscellaneous income (loss)
 
(14
)
 
(3
)
 
(22
)
 
—

Total
 
$
88

 
$
102

 
$
316

 
$
350

1 Includes gains (losses) from foreign exchange derivative contracts. See Note 5 for further details.