Other Income (Expense), Net

6 Months Ended

Jun. 30, 2021

Other Income and Expenses [Abstract]

Other Income (Expense), Net

OTHER INCOME (EXPENSE), NET

Other, net, which is included in other income (expense), net, was as follows, in millions:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Loss on sale of business	$	(18)	$	—	$	(18)	$	—
Income from cash and cash investments	—		1		—		2
Equity investment income, net	—		—		2		—
Foreign currency transaction gains (losses)	2		2		2		(7)
Net periodic pension and post-retirement benefit cost (A)	(415)		(8)		(426)		(16)
Gain on preferred stock redemption	14		—		14		—
Dividend income	3		4		6		4
Other items, net	(1)		(1)		(1)		(1)
Total other, net	$	(415)	$	(2)	$	(421)	$	(18)

(A)    In the second quarter of 2021, we settled our qualified domestic defined-benefit pension plans and recognized $406 million of additional pension expense.