Other Income, Net

12 Months Ended

Dec. 31, 2016

Other Income and Expenses [Abstract]

Other Income, Net

M. Other Income, Net

	2016			2015			2014
Equity income	$	(7	)	$	-		$	(2	)
Interest income		(16	)		(16	)		(19	)
Foreign currency (gains) losses, net		(4	)		51			23
Net loss (gain) from asset sales		11			(42	)		(13	)
Net loss (gain) on mark-to-market derivative contracts		1			(3	)		2
Other, net		(79	)		(18	)		4
	$	(94	)	$	(28	)	$	(5	)

In 2016, Other, net includes an adjustment of the contingent earn-out liability ($56) and a post-closing adjustment ($20) both related to the November 2014 acquisition of Firth Rixson. In 2015, Net gain from asset sales included a $19 gain related to the sale of land around Arconic’s former Sherwin, TX 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 $14 gain related to the sale of an equity investment in a China rolling mill.