v3.25.2
Other Income/(Expense), Net
6 Months Ended
Jun. 30, 2025
Other Net [Abstract]  
Other, Net Other Income/(Expense), Net
The components of Other income/(expense), net for the three and six months ended June 30 were as follows:
Three months endedSix months ended
In millions2025202420252024
Interest income$(0.8)$5.4 $2.5 $9.1 
Foreign currency exchange loss(4.9)(3.1)(6.9)(17.0)
Other components of net periodic benefit credit/(cost)(4.2)(2.7)(9.1)(5.4)
Other activity, net
(4.2)(3.7)(8.5)(15.9)
Other income/(expense), net$(14.1)$(4.1)$(22.0)$(29.2)
Other income/(expense), net includes the results from activities other than core business operations such as interest income and foreign currency gains and losses on transactions that are denominated in a currency other than an entity's functional currency. In addition, the Company includes the components of net periodic benefit credit/(cost) for pension and postretirement obligations other than the service cost component. Other activity, net includes items associated with legacy legal matters, such as asbestos-related activities related to Murray Boiler LLC (Murray). Refer to Note 18, "Commitments and Contingencies" for more information regarding asbestos-related matters.