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Other Income, Net
9 Months Ended
Sep. 30, 2016
Other Income and Expenses [Abstract]  
Other Income, Net

K. Other Income, Net

 

     Third quarter ended
September 30,
     Nine months ended
September 30,
 
     2016      2015      2016      2015  

Equity loss

   $ 15       $ 24       $ 52       $ 68   

Interest income

     (5      (4      (14      (11

Foreign currency (gains) losses, net

     10         (17      16         (27

Net gain from asset sales

     (124      (41      (152      (69

Net income (loss) on mark-to-market derivative contracts (Q)

     (4      16         5         19   

Other, net

     (9      7         (27      (7
  

 

 

    

 

 

    

 

 

    

 

 

 
   $ (117    $ (15    $ (120    $ (27
  

 

 

    

 

 

    

 

 

    

 

 

 

In the 2016 third quarter and nine-month period, Net gain from asset sales included a $118 gain related to the sale of the Intalco smelter wharf property. Additionally, in the 2016 nine-month period, Net gain from assets sales included a $27 gain related to the sale of an equity interest in a natural gas pipeline in Australia (see Note G). In the 2015 nine-month period, Net gain from assets sales included a $29 gain related to the sale of land around the Lake Charles, LA anode facility.