v3.25.2
OTHER INCOME, NET
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
OTHER INCOME, NET OTHER INCOME, NET
The components of Other income, net are as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
In millions2025202420252024
Foreign currency loss$(6)$(1)$(14)$(5)
Gain on mark-to-market derivatives32 — 32 — 
Equity (loss) income(3)1 — 2 
Expected return on pension assets/amortization3 2 5 4 
Other miscellaneous (expense) income, net(2)2 (1)1 
Total Other income, net$24 $4 $22 $2 
In connection with the announced definitive agreement to acquire Dellner Couplers, the Company entered into foreign exchange contracts for a notional value of €440 million to mitigate foreign currency exposure of the purchase price. The contracts are not designated as accounting hedges under Topic 815 of ASC, and as such, the gains and losses are recorded as a
component of Other income, net. For the three and six months ended June 30, 2025, these contracts resulted in a gain of $32 million.