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Other (Income) Expense (Tables)
12 Months Ended
Dec. 31, 2020
Other Income And Expenses [Abstract]  
Schedule of Other Income and Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

2020

 

 

2019

 

 

2018

 

Gain on TireHub transaction, net of transaction costs

 

$

 

 

$

 

 

$

(272

)

Non-service related pension and other postretirement benefits costs

 

 

110

 

 

 

118

 

 

 

121

 

Interest income on indirect tax settlements in Brazil

 

 

 

 

 

(8

)

 

 

(38

)

Financing fees and financial instruments expense

 

 

26

 

 

 

34

 

 

 

36

 

Net foreign currency exchange (gains) losses

 

 

(9

)

 

 

(22

)

 

 

(16

)

General and product liability expense - discontinued products

 

 

10

 

 

 

11

 

 

 

9

 

Royalty income

 

 

(19

)

 

 

(19

)

 

 

(20

)

Net (gains) losses on asset sales

 

 

2

 

 

 

(16

)

 

 

(1

)

Interest income

 

 

(14

)

 

 

(18

)

 

 

(16

)

Miscellaneous (income) expense

 

 

13

 

 

 

18

 

 

 

23

 

 

 

$

119

 

 

$

98

 

 

$

(174

)