Other Income (Expense)

9 Months Ended

Sep. 30, 2023

Other Income and Expenses [Abstract]

Other Income (Expense)

Other income (expense)

	Three Months Ended September 30,				Nine Months Ended September 30,
(Millions of dollars)	2023		2022		2023		2022
Investment and interest income	$	135	$	52	$	324	$	98
Foreign exchange gains (losses) 1	17		134		(15)		405
License fee income	37		37		111		106
Net periodic pension and OPEB income (cost), excluding service cost	(12)		67		(37)		201
Gains (losses) on securities	6		—		(15)		(59)
Miscellaneous income (loss)	12		(48)		(14)		4
Total	$	195	$	242	$	354	$	755

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