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Other Income (Expense), Net
6 Months Ended
Jun. 30, 2013
Other Income and Expenses [Abstract]  
Other Income (Expense), Net
Other Income, Net 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2013
 
2012
 
2013
 
2012
Interest income
$
5

 
$
5

 
$
12

 
$
11

Foreign exchange gain (loss)
4

 
(1
)
 
(4
)
 
(10
)
Strategic transaction expenses
(2
)
 


 
(4
)
 
(2
)
Write off of deferred financing costs
(2
)
 
 
 
(2
)
 
 
Recognition of unrealized gain on payment-in-kind note receivable
5

 
 
 
5

 
 
Impairment of long-lived assets


 


 


 
(2
)
Other
8

 
4

 
13

 
10

Other income, net
$
18

 
$
8

 
$
20

 
$
7


 
Foreign exchange gains and losses on cross-currency intercompany loan balances that are not considered permanently invested are included above, while foreign exchange gains and losses on intercompany loans that are permanently invested are reported in OCI. Foreign exchange gain (loss) for 2013 includes a first quarter charge of $6 resulting from the devaluation of the Venezuelan bolivar and a second quarter recovery of $3 as the Venezuelan government allowed certain transactions to be settled at the former exchange rate. We will recognize any additional recoveries as they are actually settled at the former rate.

As discussed in Note 11 above, during the second quarter of 2013 we wrote off previously deferred financing costs associated with our prior revolving credit facility.

As discussed in Note 12 above, the receipt of a payment on a payment-in kind note receivable during the second quarter of 2013 resulted in the recognition of a portion of the related unrealized gain that arose following the valuation of the note receivable below its callable value at emergence from bankruptcy.