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Other Income (Loss), Net
 6 Months Ended
Jun. 30, 2013
Other (Loss) Income, Net [Abstract]  
Other (Loss) Income, Net
Other Income (Loss), Net.
Other income (loss), net consists of the following:
 
Three Months Ended June 30,
  
2013
 
2012
 
(in millions)
Realized and unrealized gain (loss) on derivatives, net
$
120

 
$
(3
)
Tax settlement loss
(23
)
 
—

Dividend expense related to securities sold, not yet purchased
—

 
(1
)
Loss on disposition of assets
(5
)
 
(2
)
Equity earnings from non-consolidated affiliates
9

 
13

Foreign currency translation loss
(4
)
 
(5
)
Other
(3
)
 
(3
)
 
$
94

 
$
(1
)
 
Six Months Ended June 30,
  
2013
 
2012
 
(in millions)
Gain (loss) on extinguishment of debt
$
5

 
$
(2
)
Realized and unrealized gain (loss) on derivatives, net
100

 
(3
)
Tax settlement loss
(23
)
 
—

Dividend expense related to securities sold, not yet purchased
—

 
(3
)
(Loss) gain on disposition of assets
(52
)
 
1

Equity earnings from non-consolidated affiliates
17

 
24

Foreign currency translation loss
(2
)
 
(7
)
Other
3

 
(1
)
 
$
48

 
$
9


During the first quarter of 2013, our Automotive segment recorded a loss on disposal of assets of $47 million related to the disposal of its sintered components operations located in France. During the second quarter of 2013, our Automotive segment recorded a loss on disposal of assets of $5 million related to the disposal of its connecting rod manufacturing facility located in Canada and its camshaft foundry located in the United Kingdom. Because the financial results from the disposal of these businesses were not material, individually or in the aggregate, to our consolidated financial statements, we did not reflect the dispositions of these businesses as discontinued operations in either the current period or on a retrospective basis.
During the second quarter of 2013, our Food Packaging segment recorded a loss of $23 million related to the settlement of a certain tax matter. See Note 17, "Commitments and Contingencies - Food Packaging," for further discussion.