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Other Income/(Expense), Net
9 Months Ended
Sep. 30, 2026
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 millions2026202520262025
Interest income$5.2 $1.2 $12.8 $3.7 
Foreign currency exchange loss(2.5)(4.8)(5.5)(11.7)
Other components of net periodic benefit credit/(cost)(1.3)(4.2)(7.3)(13.3)
Other activity, net
(6.8)(10.2)1.8 (18.7)
Other income/(expense), net$(5.4)$(18.0)$1.8 $(40.0)
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.
Other activity, net for the nine months ended September 30, 2026 also includes a $22.6 million gain recognized on the remeasurement of the Company’s previously held interest in a business following the acquisition of the remaining ownership interest in the first quarter of 2026.