Other income (expense) (Tables)

9 Months Ended

Sep. 30, 2022

Other Income and Expenses [Abstract]

Other income (expense)

	Three Months Ended September 30				Nine Months Ended September 30
(Millions of dollars)	2022		2021		2022		2021
Investment and interest income	$	52	$	20	$	98	$	64
Foreign exchange gains (losses) 1	134		47		405		110
License fee income	37		31		106		88
Net periodic pension and OPEB income (cost), excluding service cost	67		111		201		333
Gains (losses) on securities	—		50		(59)		92
Miscellaneous income (loss)	(48)		(34)		4		64
Total	$	242	$	225	$	755	$	751

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