Other Income and Expense

12 Months Ended

Dec. 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 are summarized below:

	Years Ended December 31,
	2014			2013		2012
	(in millions)
Gain on sale of assets	$	68	(1)	$	12	$	21
Contingency reversal	18		(2)	10		—
Contract termination - Beaver Valley	—			60		—
Insurance proceeds	—			—		38
Gain on extinguishment of tax and other liabilities	—			9		—
Other	38			34		39
Total other income	$	124		$	125	$	98

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⁽¹⁾ Includes gain of $54 million for the property sale of Cambuci at Eletropaulo.

⁽²⁾ Reversal of a liability in Kazakhstan from the expiration of a statute of limitations for the Republic of Kazakhstan to claim payment from AES.

Other Expense

Other expense generally includes losses on disposal of assets, legal contingencies, and losses from other miscellaneous transactions. The components are summarized below:

	Years Ended December 31,
	2014		2013		2012
	(in millions)
Loss on sale and disposal of assets	$	47	$	51	$	64
Legal settlement	11		9		9
Contract termination	—		7		—
Other	10		9		9
Total other expense	$	68	$	76	$	82