v3.25.4
Other income
 12 Months Ended
Dec. 31, 2025
Other Income, Nonoperating [Abstract]  
Other income Other income
In millionsYear ended December 31,202520242023
Gain on disposal of land$48 $20 $7 
Gain (loss) on foreign currency (1)
32 12 7 
Gain on disposal of property— — 129 
Other (2)
8 10 (9)
Total other income$88 $42 $134 
(1)Includes foreign exchange gains and losses related to foreign exchange forward contracts and the re-measurement of foreign currency denominated monetary assets and liabilities. See Note 22 – Financial instruments for additional information.
(2)Includes $24 million net remeasurement gain related to the investment in IANR. See Note 3 – Business acquisitions and combinations for additional information.
2023
Disposal of property
On December 13, 2023, the Company completed the sale of a portion of land within the Bala Subdivision located in Markham and Richmond Hill, Ontario, Canada for cash proceeds of $129 million which resulted in a gain of $129 million ($112 million after tax) as the carrying amount of the land was nominal.