OTHER INCOME (EXPENSE), NET

9 Months Ended

Sep. 30, 2023

Other Income and Expenses [Abstract]

OTHER INCOME (EXPENSE), NET

J. 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,
	2023		2022		2023		2022
Foreign currency transaction losses	$	(7)	$	(4)	$	(7)	$	(6)
Net periodic pension and post-retirement benefit expense	(3)		(2)		(9)		(7)
Income from cash and cash investments	3		1		5		2
Equity investment loss, net	(1)		(6)		(1)		(6)
Realized gains from private equity funds	—		—		1		—
Contingent consideration (A)	—		—		—		24
Loss on sale of businesses, net	—		—		—		(1)
Other items, net	(3)		(1)		(3)		(2)
Total other, net	$	(11)	$	(12)	$	(14)	$	4

(A)In the nine months ended September 30, 2022 we recognized $24 million of income from the revaluation of contingent consideration related to our acquisition of Kraus USA Inc.