Interest and Other Income (Expense), Net

9 Months Ended

Sep. 30, 2018

Interest and Other Income (Expense), Net

Interest and Other Income (Expense), Net

17.  Interest and Other Income (Expense), Net

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Interest expense, net	$	(2.3)	$	(3.6)	$	(8.3)	$	(11.1)
Exchange (losses) gains on foreign currency transactions		(0.6)		0.3		(1.6)		(3.9)
Pension components		(0.9)		(1.4)		(2.2)		(3.2)
Other		0.1		0.8		0.6		3.2
Interest and other income (expense), net	$	(3.7)	$	(3.9)	$	(11.5)	$	(15.0)

Pension components represents the amortization of prior service costs and actuarial gains/losses, interest costs and the return on plan assets. The current year service cost is included within cost of sales and operating expenses in the unaudited condensed consolidated statements of income and comprehensive income.