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Other Income, Net
9 Months Ended
Sep. 30, 2014
Other (Loss) Income, Net [Abstract]  
Other (Loss) Income, Net
Other Income, Net.
Other income, net consists of the following:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
  
2014
 
2013
 
2014
 
2013
 
(in millions)
Realized and unrealized gain on derivatives, net
$
26

 
$
73

 
$
171

 
$
173

Gain (loss) on disposition of assets
2

 
(5
)
 
4

 
(55
)
(Loss) gain on extinguishment of debt

 

 
(162
)
 
5

Tax settlement gain (loss)

 

 
32

 
(23
)
Equity earnings from non-consolidated affiliates
13

 
7

 
39

 
24

Foreign currency translation loss

 
(6
)
 
(5
)
 
(8
)
Other
4

 
15

 
14

 
19

 
$
45

 
$
84

 
$
93

 
$
135

As further described in Note 10, "Debt," during the nine months ended September 30, 2014, we had various debt refinancing transactions and recorded an aggregate loss on extinguishment of debt of $162 million.
As further described in Note 17, "Commitments and Contingencies - Gaming," during the first quarter of 2014, our Gaming segment received $32 million in cash as payment to satisfy future credits in connection with a certain negotiated tax settlement.
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 disposition of assets of $5 million related to its connecting rod manufacturing facility located in Canada and its camshaft foundry located in the United Kingdom. During the third quarter of 2013, our Automotive segment recorded a loss on disposition of assets relating to its fuel pump business of $6 million, which is net of a $19 million OPEB curtailment gain, as discussed further in Note 11, "Pension, Other Post-employment Benefits and Employee Benefit Plans." Because the financial results from the disposal of this business 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 2013 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.