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Other Income (Expense), Net
 12 Months Ended
Dec. 31, 2022
Income Statement [Abstract]  
Other Income (Expense), Net

17. OTHER INCOME (EXPENSE), NET

Components of other income (expense), net are as follows:

 

Year Ended December 31,

 

2022

 

 

2021

 

 

2020

 

(millions)

 

 

 

 

 

 

 

 

 

Revenues from contracts with customers

 

$

—

 

 

$

—

 

 

$

1

 

Other income

 

 

10

 

 

 

11

 

 

 

13

 

Gains on sales of assets (1)

 

 

42

 

 

 

—

 

 

 

—

 

Other expense

 

 

2

 

 

 

(18

)

 

 

(38

)

Allowance for equity funds used during construction

 

 

1

 

 

 

5

 

 

 

1

 

Other income (expense), net

 

$

55

 

 

$

(2

)

 

$

(23

)
(1)
Includes amounts recognized in connection with the transfer of property, plant and equipment to satisfy litigation. See Note 12 for additional information.

Non-service cost components of pension and other postretirement benefits are included in other expense.

 

In 2022, DESC completed the sales of certain utility property in South Carolina, as approved by the South Carolina Commission, for total cash consideration of $20 million. In connection with the sales, DESC recognized a gain of $20 million ($15 million after-tax) for the year ended December 31, 2022.