v3.26.3
Other Income/(Loss), Net
9 Months Ended
Sep. 30, 2026
Other Income and Expenses [Abstract]  
Other Income/(Loss), Net

Note 16 — Other Income/(Loss), Net

 

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

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Gain on disposal of operations (i)

 

$

37

 

 

$

26

 

 

$

37

 

 

$

40

 

Net periodic pension and postretirement benefit credits/(costs) (ii)

 

 

19

 

 

 

12

 

 

 

33

 

 

 

(50

)

Foreign exchange loss (iii)

 

 

(4

)

 

 

(2

)

 

 

(4

)

 

 

(11

)

Other

 

 

—

 

 

 

1

 

 

 

(3

)

 

 

3

 

Other income/(loss), net

 

$

52

 

 

$

37

 

 

$

63

 

 

$

(18

)

 

(i)
For the three and nine months ended September 30, 2026, includes a preliminary $37 million non-cash revaluation gain related to an acquisition completed in stages. See Note 3 — Acquisitions and Divestitures.
(ii)
For the three and nine months ended September 30, 2026, includes a pension settlement gain of $11 million, and for the nine months ended September 30, 2025, includes a pension settlement charge of $82 million. See Note 12 — Retirement Benefits.
(iii)
Includes the offsetting effects of the Company's foreign currency hedging program. See Note 9 — Derivative Financial Instruments.