Other Expense (Income), Net

12 Months Ended

Dec. 31, 2013

Other Expense (Income), Net

21.    Other Expense (Income), Net

The components of other expense (income), net for the years ended December 31, 2013, 2012 and 2011 were as follows:

(In millions)	2013			2012			2011
Foreign currency transaction losses	$	—		$	—		$	2.7
Asset impairment charge		6.2			—			—
Other items, net		(1.2	)		(1.0	)		(1.1	)
Total other expense (income), net	$	5.0		$	(1.0	)	$	1.6

In the second quarter of 2013, we recorded a $6.2 million impairment charge pertaining to a cost method investment due to an other-than-temporary decline in the fair value of the investment. As a result of the impairment, the carrying value of the investment was reduced to zero and the Company is not subject to further impairment or funding obligations with regard to this investment.