Other Income (expense)

6 Months Ended

Jun. 30, 2023

Other Income and Expenses [Abstract]

Other income (expense)

Other income (expense)

	Three Months Ended June 30				Six Months Ended June 30
(Millions of dollars)	2023		2022		2023		2022
Investment and interest income	$	96	$	25	$	189	$	46
Foreign exchange gains (losses) 1	40		224		(32)		271
License fee income	43		37		74		69
Net periodic pension and OPEB income (cost), excluding service cost	(12)		66		(25)		134
Gains (losses) on securities	(10)		(47)		(21)		(59)
Miscellaneous income (loss)	(30)		(45)		(26)		52
Total	$	127	$	260	$	159	$	513

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