Other income/(loss), net consists of the following:


	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Gain on disposal of operations	$	—		$	—		$	—		$	14
Net periodic pension and postretirement benefit credits (i)		8			13			14			(62	)
Foreign exchange loss (ii)		—			(5	)		—			(9	)
Other		(2	)		1			(3	)		2
Other income/(loss), net	$	6		$	9		$	11		$	(55	)

(i)

For the six months ended June 30, 2025, includes a pension settlement charge of $82 million. See Note 11 — Retirement Benefits.

(ii)

Includes the offsetting effects of the Company's foreign currency hedging program. See Note 8 — Derivative Financial Instruments.