v3.25.2
Other (expense), net (Tables)
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Schedule of Other (Expense), Net
Other (expense), net is comprised of the following:
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Postretirement expense(i)
$(21.6)$(12.1)$(43.1)$(158.3)
Loss on debt extinguishment(6.8)— (6.8)— 
Foreign exchange gains (losses)(ii)
1.0 2.3 2.3 (12.6)
Other, net(iii)
5.3 0.4 8.6 19.4 
Total other (expense), net$(22.1)$(9.4)$(39.0)$(151.5)
(i) Includes $132.3 million of a U.S. pension settlement loss in the six months ended June 30, 2024. See Note 3.
(ii) Includes gains (losses) from remeasuring cash, receivables, payables, and intercompany balances in foreign currencies, as well as gains (losses) on foreign exchange forward contracts. See Note 9 for details on the company’s forward contracts. Additionally, foreign exchange gains (losses) includes for the three months ended June 30, 2025 and 2024, net foreign exchange gains of $1.6 million and net foreign exchange losses of $1.2 million, respectively, related to substantial completion of liquidation of certain foreign subsidiaries and for the six months ended June 30, 2025 and 2024 net foreign currency gains of $2.7 million and net foreign currency losses of $1.7 million, respectively, related to substantial completion of liquidation of certain foreign subsidiaries.
(iii) Other, net includes environmental costs related to previously disposed businesses. Additionally, other, net for the six months ended June 30, 2024 included a net gain of $14.9 million related to a favorable judgment received in a Brazilian services tax matter.