Other Income (expense)

3 Months Ended

Mar. 31, 2022

Other Income and Expenses [Abstract]

Other income (expense)

Other income (expense)

	Three Months Ended March 31
(Millions of dollars)	2022		2021
Investment and interest income	$	21	$	23
Foreign exchange gains (losses) 1	47		95
License fee income	32		25
Net periodic pension and OPEB income (cost), excluding service cost	68		111
Gains (losses) on securities	(12)		25
Miscellaneous income (loss)	97		46
Total	$	253	$	325

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