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Other Income (Expense), Net
 9 Months Ended
Sep. 30, 2022
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 September 30,Nine Months Ended September 30,
 2022202120222021
Contingent consideration (A)
$— $(14)$24 $(14)
Equity investment (loss) income, net(6)5 (6)7 
Net periodic pension and post-retirement benefit
   expense (B)
(2)(4)(7)(430)
Foreign currency transaction losses(4)(4)(6)(2)
Income from cash and cash investments
1 — 2 — 
Loss on sale of businesses, net — — (1)(18)
Gain on preferred stock redemption (C)
— — — 14 
Dividend income— — — 6 
Other items, net(1)— (2)(1)
Total other, net$(12)$(17)$4 $(438)
(A)    We recognized $24 million of income for the nine months ended September 30, 2022, and we recognized $14 million of expense for the three and nine months ended September 30, 2021, from the revaluation of contingent consideration related to a prior acquisition. Refer to Note G for additional information.
(B)    In the second quarter of 2021, we settled our qualified domestic defined-benefit pension plans and recognized $406 million of additional pension expense.
(C)    In May 2021, we received, in cash, $166 million for the redemption of the AC Products Holding, Inc. preferred stock, including all accrued but unpaid dividends, and recognized a gain of $14 million.