Other Income, Net (Tables)

6 Months Ended

Jun. 30, 2026

Other Income and Expenses [Abstract]

The following table sets forth the components of the Company’s other income, net for the three and six months ended June 30, 2026 and 2025.


	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Leasing, contract services, and miscellaneous income (1)	$	4		$	1		$	22		$	3
Royalty income (2)		1			3			4			5
Gain on sales of assets and businesses, net (3)		266			—			266			1
Exchange losses, net (4)		(1	)		(4	)		(1	)		(7	)
Non-operating pension and other post-retirement employee benefit income (5)		3			2			5			4
Total other income, net	$	273		$	2		$	296		$	6

(1)

For the six months ended June 30, 2026, leasing, contract services and miscellaneous income includes $13 related to the licensing of certain intellectual property and sale of related assets associated with Zelan™ repellents, which is part of the Advanced Performance Materials business.

(2)

Royalty income is primarily from technology licensing.

(3)

For the three and six months ended June 30, 2026, Gain on sale of assets and businesses includes a $266 gain on sale of assets related to the sale of nine parcels of land in Kuan Yin, Taiwan. Refer to “Note 10 – Property, Plant and Equipment" for further details.

(4)

Exchange gains (losses), net includes gains and losses on the Company’s foreign currency forward contracts that have not been designated as a cash flow hedge.

(5)

Non-operating pension and other post-retirement employee benefit income represents the non-service component of net periodic pension income.