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Other Income/(Expense), Net
9 Months Ended
Sep. 30, 2025
Other Net [Abstract]  
Other, Net Other Income/(Expense), Net
The components of Other income/(expense), net for the three and nine months ended September 30 were as follows:
Three months endedNine months ended
In millions2025202420252024
Interest income$1.2 $15.3 $3.7 $24.4 
Foreign currency exchange loss(4.8)(2.9)(11.7)(19.9)
Other components of net periodic benefit credit/(cost)(4.2)(3.7)(13.3)(9.1)
Other activity, net
(10.2)(2.4)(18.7)(18.2)
Other income/(expense), net$(18.0)$6.3 $(40.0)$(22.8)
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.