Other Income and Expense

3 Months Ended

Mar. 31, 2014

Other Income and Expenses [Abstract]

OTHER INCOME AND EXPENSE

OTHER INCOME AND EXPENSE

Other Income

Other income generally includes contract terminations, gains on asset sales and extinguishments of liabilities, favorable judgments on contingencies, and other income from miscellaneous transactions. The components of other income are summarized as follows:

	Three Months Ended March 31,
	2014		2013
	(in millions)
Contract termination (Beaver Valley)	$	—	$	60
Other	11		8
Total other income	$	11	$	68

Other Expense

Other expense generally includes losses on asset sales, legal contingencies and losses from other miscellaneous transactions. The components of other expense are summarized as follows:

	Three Months Ended March 31,
	2014		2013
	(in millions)
Loss on sale and disposal of assets	$	7	$	14
Contract termination	—		7
Other	1		5
Total other expense	$	8	$	26