Other Income (expense)

3 Months Ended

Mar. 31, 2023

Other Income and Expenses [Abstract]

Other income (expense)

Other income (expense)

	Three Months Ended March 31
(Millions of dollars)	2023		2022
Investment and interest income	$	93	$	21
Foreign exchange gains (losses) 1	(72)		47
License fee income	31		32
Net periodic pension and OPEB income (cost), excluding service cost	(13)		68
Gains (losses) on securities	(11)		(12)
Miscellaneous income (loss)	4		97
Total	$	32	$	253

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