v3.25.2
Other Expense, Net
6 Months Ended
Jun. 28, 2025
Other Income and Expenses [Abstract]  
Other Expense, Net Other Expense, Net
Other expense, net includes non-income related taxes, foreign exchange gains and losses, gains and losses related to certain derivative instruments and hedging activities, gains and losses on certain disposals of assets, the non-service cost components of net periodic benefit cost and other miscellaneous income and expense.
A summary of other expense, net is shown below (in millions):
 Three Months EndedSix Months Ended
 June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Other expense$14.1 $12.5 $34.4 $31.4 
Other income(8.9)(5.1)(8.8)(10.5)
Other expense, net$5.2 $7.4 $25.6 $20.9 
In the three and six months ended June 28, 2025, other expense includes net foreign currency transaction losses of $7.3 million and $17.3 million, respectively, including losses of $3.0 million and $4.6 million, respectively, related to the hyper-inflationary environment in Argentina. In the six months ended June 28, 2025, other expense also includes a loss of $3.3 million related to the disposal of a non-core business.
In the three and six months ended June 29, 2024, other expense includes net foreign currency transaction losses of $6.9 million and $18.2 million, respectively, including losses of $3.5 million and $9.8 million, respectively, related to the hyper-inflationary environment in Argentina.