Other Income and Expense

3 Months Ended

Mar. 31, 2018

Other Income and Expenses [Abstract]

Other Income and Other Expense Disclosure [Text Block]

OTHER INCOME AND EXPENSE

Other income generally includes gains on asset sales and liability extinguishments, favorable judgments on contingencies, gains on contract terminations, allowance for funds used during construction and other income from miscellaneous transactions. Other expense generally includes losses on asset sales and dispositions, losses on legal contingencies, defined benefit plan non-service costs, and losses from other miscellaneous transactions. The components are summarized as follows (in millions):



		Three Months Ended March 31,
		2018		2017
Other Income	Legal settlements ⁽¹⁾	$	—	$	60
	Allowance for funds used during construction (US Utilities)	5		7
	Other	8		6
	Total other income	$	13	$	73

Other Expense	Loss on sale and disposal of assets	$	2	$	21
	Defined benefit plan non-service costs ⁽²⁾	5		3
	Other	2		—
	Total other expense	$	9	$	24

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⁽¹⁾	In December 2016, the Company and YPF entered into a settlement agreement in which all parties agreed to give up any and all legal action related to gas supply contracts that were terminated in 2008 and have been in dispute since 2009. In January 2017, the YPF board approved the agreement and paid the Company $60 million, thereby resolving all uncertainties around the dispute.


⁽²⁾	As of January 1, 2018, the Company retrospectively adopted ASU 2017-07, Compensation —Retirement Benefits. As such, $3 million of non-service costs associated with defined benefit plans for the three months ended March 31, 2017 were reclassified from Cost of Sales to Other Expense.