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Supplemental Income Statement Information
12 Months Ended
Dec. 31, 2017
Supplemental Income Statement Information  
Supplemental Income Statement Information

NOTE 5.  Supplemental Income Statement Information

 

Other expense (income), net consists of the following:

 

 

 

 

 

 

 

 

 

 

 

 

(Millions)

 

2017

 

2016

 

2015

 

Interest expense

 

$

322

 

$

199

 

$

149

 

Interest income

 

 

(50)

 

 

(29)

 

 

(26)

 

Pension and postretirement net periodic benefit cost (benefit)

 

 

(128)

 

 

(196)

 

 

34

 

Total

 

$

144

 

$

(26)

 

$

157

 

 

The Company recorded an early debt extinguishment charge of approximately $96 million which was included within interest expense in the fourth quarter of 2017.

 

Pension and postretirement net periodic benefit costs described in the table above include all components of defined benefit plan net periodic benefit costs except service cost, which is reported in various operating expense lines. Refer to Note 12 for additional details on the components of pension and postretirement net periodic benefit costs.