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Interest and Other Income (Expense), Net
9 Months Ended
Sep. 30, 2023
Other Income and Expenses [Abstract]  
Interest and Other Income (Expense), Net
15.
Interest and Other Income (Expense), Net

The components of interest and other income (expenses), net were as follows (in millions):

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Interest income

 

$

2.0

 

 

$

0.9

 

 

$

5.3

 

 

$

1.7

 

Interest expense

 

 

(3.9

)

 

 

(3.7

)

 

 

(12.0

)

 

 

(11.8

)

Impairment of strategic investments

 

 

 

 

 

 

 

 

(18.3

)

 

 

 

Exchange losses on foreign currency transactions

 

 

(3.3

)

 

 

1.2

 

 

 

(8.8

)

 

 

0.7

 

Pension components

 

 

 

 

 

(0.3

)

 

 

(0.1

)

 

 

(1.0

)

Other income (expense)

 

 

(0.1

)

 

 

(0.1

)

 

 

3.8

 

 

 

1.6

 

Interest and other income (expense), net

 

$

(5.3

)

 

$

(2.0

)

 

$

(30.1

)

 

$

(8.8

)

Amounts reported in other income (expense), net, include a cumulative currency translation adjustment loss of $2.7 million recognized from substantially liquidating our Russian operations during the nine months ended September 30, 2023.