v3.22.2.2
Other (Income)/ Expense, Net
 3 Months Ended
Sep. 30, 2022
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block] OTHER EXPENSE, NET
The components of other expense, net for the three months ended September 30, 2022 and 2021 are as follows:
Three Months Ended  
September 30,
(Dollars in millions)20222021
Debt financing costs (1)
$— $4 
Foreign currency losses (2)
24 9 
     Other (3)
1 (4)
Total other expense, net$25 $9 

(1)    Debt financing costs for the three months ended September 30, 2021 includes $4 million of financing charges related to $450 million of U.S. dollar-denominated term loans borrowed under the Company’s senior secured credit facilities (the “Incremental Term B-3 Loans”).
(2)    Foreign currency remeasurement losses include both cash and non-cash transactions.
(3)    Other, for the three months ended September 30, 2021, includes a gain of $2 million related to the fair value of the derivative liability associated with the formerly outstanding Series A Preferred Stock.