XML 35 R25.htm IDEA: XBRL DOCUMENT v3.19.2
Other Expense, Net
 6 Months Ended
Jun. 30, 2019
Other Income and Expenses [Abstract]  
Other Income and Other Expense, Net [Text Block] Other Expense, Net 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2019
 
2018
 
2019
 
2018
Non-service cost components of pension and OPEB costs
$
(9
)
 
$
(4
)
 
$
(15
)

$
(7
)
Government grants and incentives
5

 
3

 
8

 
5

Foreign exchange loss
1

 
(2
)
 
(10
)
 
(4
)
Strategic transaction expenses, net of transaction breakup fee income
(11
)
 
(8
)
 
(24
)
 
(7
)
Non-income tax legal judgment
 
 
 
 
6

 
 
Other, net
4

 
1

 
12

 
3

Other expense, net
$
(10
)
 
$
(10
)
 
$
(23
)
 
$
(10
)

 
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. Foreign exchange loss in 2019 included a loss on the undesignated Swiss franc notional deal contingent forward related to the ODS acquisition. See Note 15 for additional information.

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 2019 were primarily attributable to the acquisition of ODS. Strategic transaction expenses in 2018 were primarily attributable to our bid to acquire the driveline business of GKN plc. and our acquisition of TM4 and were partially offset by a $40 transaction breakup fee associated with the GKN plc. transaction. See Note 2 for additional information.

During the first quarter of 2019, we won a legal judgment regarding the methodology used to calculate PIS/COFINS tax in Brazil.