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Other, Net
 6 Months Ended
Jun. 30, 2019
Other Net [Abstract]  
Other, Net Other Income/(Expense), Net
The components of Other income/(expense), net for the three and six months ended June 30 are as follows:
 
Three months ended
 
Six months ended
In millions
2019

2018
 
2019
 
2018
Interest income (loss)
$
3.2

 
$
2.6

 
$
2.6

 
$
6.2

Exchange gain (loss)
0.6

 
(1.8
)
 
(3.7
)
 
(9.1
)
Other components of net periodic benefit cost
(9.3
)
 
(5.8
)
 
(20.4
)
 
(9.7
)
Other activity, net
8.9

 
1.5

 
6.1

 
5.1

Other income/(expense), net
$
3.4

 
$
(3.5
)
 
$
(15.4
)
 
$
(7.5
)
Other income /(expense), net includes the results from activities other than normal business operations such as interest income and foreign currency gains and losses on transactions that are denominated in a currency other than an entity’s functional currency. In addition, the Company includes the components of net periodic benefit cost for pension and post retirement obligations other than the service cost component. Other activity, net includes items associated with Trane U.S. Inc. for the settlement and defense of asbestos-related claims, insurance settlements on asbestos-related matters and the revaluation of asbestos recoveries. Refer to Note 21, "Commitments and Contingencies," for more information regarding asbestos-related matters.