9. OTHER INCOME AND OTHER OPERATING EXPENSES The major components of other income and other operating expenses consisted of the following in millions of dollars: | | | | | | | | | | | | | 2022 | | 2021 | | 2020 | | Other income | | | | | | | | | | | Revenues from services | | $ | 283 | | $ | 322 | | $ | 314 | | Insurance premiums and fees earned* | | | 289 | | | 227 | | | 223 | | Trademark licensing income | | | 89 | | | 87 | | | 73 | | Operating lease disposition gains | | | 72 | | | 65 | | | | | Gain on previously held equity investment | | | 326 | | | | | | | | Investment income | | | 14 | | | 41 | | | 26 | | Other | | | 222 | | | 249 | | | 182 | | Total | | $ | 1,295 | | $ | 991 | | $ | 818 | | | | | | | | | | | | | Other operating expenses | | | | | | | | | | | Depreciation of equipment on operating leases | | $ | 827 | | $ | 983 | | $ | 1,083 | | Insurance claims and expenses* | | | 267 | | | 235 | | | 231 | | Cost of services | | | 214 | | | 202 | | | 188 | | Operating lease disposition losses and impairments | | | | | | | | | 52 | | Pension and OPEB benefit, excluding service cost component | | | (218) | | | (183) | | | (31) | | Foreign exchange loss | | | 132 | | | 59 | | | 4 | | Other | | | 53 | | | 47 | | | 85 | | Total | | $ | 1,275 | | $ | 1,343 | | $ | 1,612 | |
* Primarily related to extended warranties (see Note 20).
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