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Other (Income) Expense (Tables)
9 Months Ended
Sep. 30, 2024
Other Income and Expenses [Abstract]  
Schedule of Other Income and Expense

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In millions)

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Non-service related pension and other postretirement benefits cost

 

$

22

 

 

$

28

 

 

$

72

 

 

$

121

 

Financing fees and financial instruments expense

 

 

16

 

 

 

15

 

 

 

47

 

 

 

44

 

Net foreign currency exchange (gains) losses

 

 

 

 

 

(3

)

 

 

(3

)

 

 

38

 

Interest income

 

 

(14

)

 

 

(21

)

 

 

(41

)

 

 

(55

)

General and product liability expense - discontinued products

 

 

2

 

 

 

2

 

 

 

6

 

 

 

5

 

Royalty income

 

 

(5

)

 

 

(5

)

 

 

(16

)

 

 

(23

)

Net (gains) losses on asset sales

 

 

(1

)

 

 

(6

)

 

 

(95

)

 

 

(68

)

Miscellaneous (income) expense

 

 

14

 

 

 

11

 

 

 

22

 

 

 

20

 

 

$

34

 

 

$

21

 

 

$

(8

)

 

$

82