Other Expense, net

3 Months Ended

Mar. 31, 2023

Other Income and Expenses [Abstract]

Other Expense, net

Other Expense, net

The following table provides details of other expense, net:

	Three Months Ended March 31,
(In millions)	2023		2022
Net foreign exchange transaction loss	$	(4.9)	$	(0.5)
Bank fee expense	(1.4)		(1.1)
Pension (cost) income other than service costs	(2.1)		1.3
Fair value impairment loss on equity investments(1)	—		(15.5)
Foreign currency exchange loss due to highly inflationary economies	(2.6)		(1.0)
Loss on debt redemption and refinancing activities	(4.9)		(0.7)
Other income	2.6		4.7
Other expense	(1.7)		(1.4)
Other expense, net	$	(15.0)	$	(14.2)

(1)See Note 15, "Fair Value Measurements, Equity Investments and Other Financial Instruments," for further details.