O. Other Income, Net
| 2013 | 2012 | 2011 | ||||||||||
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Equity loss (income) |
$ | 68 | $ | 28 | $ | (15 | ) | |||||
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Interest income |
(13 | ) | (31 | ) | (20 | ) | ||||||
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Foreign currency (gains) losses, net |
(33 | ) | (5 | ) | 16 | |||||||
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Net gain from asset sales |
(10 | ) | (321 | ) | (41 | ) | ||||||
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Net gain on mark-to-market derivative contracts (X) |
(29 | ) | (13 | ) | (52 | ) | ||||||
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Other, net |
(8 | ) | 1 | 25 | ||||||||
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| $ | (25 | ) | $ | (341 | ) | $ | (87 | ) | ||||
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In 2012, Net gain from asset sales included a $320 gain related to the sale of the Tapoco Hydroelectric Project (see Note F). In 2011, Equity income included higher earnings from an investment in a natural gas pipeline in Australia due to the recognition of a discrete income tax benefit by the consortium (Alcoa World Alumina and Chemicals’ share of the benefit was $24). Also in 2011, Net gain from asset sales included a $43 gain related to the sale of land in Australia.