v3.25.4
Other income (expense)
 12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Other income (expense) Other income (expense)
 
 Years ended December 31,
(Millions of dollars)202520242023
Investment and interest income$416 $482 $494 
Foreign exchange gains (losses) 1 
(168)71 (96)
License fee income143 142 146 
Gains (losses) on securities30 39 11 
Net periodic pension and OPEB income (cost), excluding service cost
343 

165 47 
Miscellaneous income (loss)128 (86)(7)
Total$892 $813 $595 
1 Includes gains (losses) from foreign exchange derivative contracts.  See Note 4 for further details.