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Other Income (Expense), Net
 12 Months Ended
Dec. 31, 2018
Other Income and Expenses [Abstract]  
Other Income (Expense), Net [Text Block]
Other Income (Expense), Net
 
2018
 
2017
 
2016
Non-service cost components of pension and OPEB costs
$
(15
)
 
$
(7
)
 
$
4

Government grants and incentives
12

 
7

 
8

Foreign exchange loss
(12
)
 
(3
)
 
(3
)
Strategic transaction expenses, net of transaction breakup fee income
(18
)
 
(25
)
 
(13
)
Insurance and other recoveries


 


 
10

Gain on sale of marketable securities


 


 
7

Amounts attributable to previously divested/closed operations


 
3

 


Other, net
4

 
9

 
9

Other income (expense), net
(29
)
 
(16
)
 
22



Foreign exchange gains and losses on cross-currency intercompany loan balances that are not of a long-term investment nature are included above. Foreign exchange gains and losses on intercompany loans that are permanently invested are reported in OCI.

Strategic transaction expenses relate primarily to costs incurred in connection with acquisition and divestiture related activities, including costs to complete the transaction and post-closing integration costs. Strategic transaction expenses in 2018 were primarily attributable to our bid to acquire the driveline business of GKN plc., our acquisition of an ownership interest in TM4, our pending acquisition of the Drive Systems segment of the Oerlikon Group and integration costs associated with our acquisitions of BFP and BPT, and were partially offset by a $40 transaction breakup fee associated with the GKN plc. transaction. Strategic transaction expenses in 2017 are primarily attributable to our acquisitions of USM - Warren, BFP and BPT. Strategic transaction expenses in 2016 are primarily attributable to our acquisition of SJT Forjaria Ltda. and our divestitures of DCLLC and Nippon Reinz. See Notes 2 and 3 for additional information.

Amounts attributable to previously divested/closed operations includes the receipt of the remaining proceeds on our December 2016 divestiture of DCLLC during the second quarter of 2017. See Note 3 for additional information. During 2016, DCLLC received $8 as recovery of costs previously incurred on behalf of other participants in a consortium that existed to administer certain legacy personal injury claims, and they sold investments which generated $7 of gain.