Other Expenses (Income), Net

12 Months Ended

Dec. 31, 2015

Other Income and Expenses [Abstract]

Other Expenses (Income), Net

O. Other Expenses (Income), Net

	2015			2014			2013
Equity loss	$	89		$	92		$	68
Interest income		(16	)		(19	)		(13	)
Foreign currency losses (gains), net		-			1			(33	)
Net gain from asset sales		(74	)		(47	)		(10	)
Net loss (gain) on mark-to-market derivative contracts (X)		23			15			(29	)
Other, net		(20	)		5			(8	)
	$	2		$	47		$	(25	)

In 2015, Net gain from asset sales included a $49 gain related to the sale of land around both the Lake Charles, LA anode facility and at Alcoa’s former Sherwin, TX refinery site, and a $19 gain related to the sale of the remaining equity investment in a China rolling mill. In 2014, Net gain from asset sales included a $28 gain and a $14 gain related to the sale of a mining interest in Suriname and an equity investment in a China rolling mill, respectively.