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


	Three Months Ended March 31,
	2026			2025
Gain on disposal of operations	$	—		$	14
Net periodic pension and postretirement benefit credits (i)		6			(75	)
Foreign exchange loss (ii)		—			(4	)
Other		(1	)		1
Other income/(loss), net	$	5		$	(64	)

(i)

For the three months ended March 31, 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.