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Other Income (Expense), Net
6 Months Ended
Jun. 30, 2016
Other Nonoperating Income (Expense) [Abstract]  
Other Income (Expense), Net
Other Expense, Net
 
Other expense, net is summarized as follows:
 
 
For the Three Months Ended
 
For the Six Months Ended
 
June 30,
2016
 
July 2,
2015
 
June 30,
2016
 
July 2,
2015
KDFA bond
$
0.8

 
$
0.9

 
$
1.9

 
$
2.1

Rental and miscellaneous income (expense)(1)

 

 
0.1

 
(1.9
)
Interest income
0.9

 
0.5

 
1.7

 
0.7

Foreign currency (losses) gains
(7.9
)
 
6.7

 
(12.1
)
 
0.8

Total
$
(6.2
)
 
$
8.1

 
$
(8.4
)
 
$
1.7


 
(1)
Includes $2.0 of losses related to the settlement of interest rate swap agreements for the six months ended July 2, 2015, as further detailed in Note 11, Derivative and Hedging Activities.

Foreign currency losses are due to the impact of movement in foreign currency exchange rates on an intercompany revolver and long-term contractual rights/obligations, as well as trade and intercompany receivables/payables which are denominated in a currency other than the entity’s functional currency. Foreign currency losses recognized during both the three and six months ended June 30, 2016 were primarily driven by the impact on the global markets of the decision for the United Kingdom to withdraw from the European Union (Brexit).