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Other (Expense) Income, net
9 Months Ended
Sep. 30, 2021
Other Income and Expenses [Abstract]  
Other (Expense) Income, net Other (Expense) Income, net
The following table provides details of other (expense) income, net:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(In millions)2021202020212020
Net foreign exchange transaction (loss) gain$(0.5)$(1.4)$(0.5)$5.2 
Bank fee expense(1.0)(1.1)(3.4)(3.4)
Pension income (expense) other than service costs0.7 (0.1)3.3 1.1 
Increase in fair value of equity investments6.6 — 6.6 — 
Foreign currency exchange loss due to highly inflationary economies(0.9)(1.1)(2.9)(3.2)
Loss on debt redemption and refinancing activities(14.7)— (14.7)— 
Other income(1)
6.7 2.3 11.7 9.6 
Other (expense)(1.4)(0.9)(4.0)(4.6)
Other (expense) income, net$(4.5)$(2.3)$(3.9)$4.7 
(1)During the three months ended September 30, 2021, we recorded $5.0 million to Other income related to a claim for the overpayment of certain indirect taxes paid by Sealed Air subsidiary, Cryovac Brasil Ltda., resulting from a double taxation calculation. In 2021, the Supreme Court of Brazil issued a final decision that clarified the methodology companies should use in the calculation. This decision was published and certified by the courts during the third quarter of 2021.