v3.25.3
OTHER INCOME (EXPENSE) - NET
 9 Months Ended
Sep. 30, 2025
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE) - NET OTHER INCOME (EXPENSE) – NET
Three months ended September 30
Nine months ended September 30
2025
2024
2025
2024
Equity method investment income (loss) (Note 11)
$78
$(1)
$205
$44
Net interest and investment income (loss)(a)
91
21
125
48
Gains (losses) on purchases and sales of business interests(b)
44
7
66
859
Derivative instruments (Note 19)
(17)
7
(8)
(6)
Licensing income
11
20
18
34
Other – net
14
17
50
48
Total other income (expense) – net
$221
$71
$455
$1,025
(a)Includes financial interest related to our normal business operations primarily with customers. Includes a pre-tax unrealized gain of $73
million related to our interest in China XD Electric Co., Ltd in the three and nine months ended September 30, 2025. See Notes 10 and
11 for further information.
(b)Included a pre-tax gain of $853 million related to the sale of a portion of Steam Power nuclear activities to EDF in the nine months
ended September 30, 2024. See Notes 15 and 16 for further information.