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Interest and Other Income (Expense), Net
 12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Interest and Other Income (Expense), Net

22. Interest and Other Income (Expense), Net

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

 

 

2023

 

 

2022

 

 

2021

 

Interest income

 

$

7.5

 

 

$

2.8

 

 

$

0.9

 

Interest expense

 

 

(16.4

)

 

 

(16.1

)

 

 

(14.3

)

Impairment of minority investments

 

 

(18.2

)

 

 

—

 

 

 

—

 

Exchange losses on foreign currency transactions

 

 

(13.3

)

 

 

(5.8

)

 

 

(4.1

)

Pension components

 

 

(0.1

)

 

 

(1.0

)

 

 

(2.2

)

Other income (expense)

 

 

3.7

 

 

 

1.3

 

 

 

—

 

Interest and other income (expense), net

 

$

(36.8

)

 

$

(18.8

)

 

$

(19.7

)