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Other Expense, Net
 12 Months Ended
Dec. 31, 2016
Other Income and Expenses [Abstract]  
Other Expense, Net
OTHER EXPENSE, NET
 
Year Ended December 31,
 
2016
2015
2014
Foreign exchange losses, net
$
30.6

$
93.7

$
81.2

Management fees and expenses
—

—

16.6

Impairment of real estate investment
10.5

30.6

—

Indemnity (gains) losses associated with the Acquisition
(0.7
)
(1.0
)
17.8

Debt extinguishment and refinancing related costs
97.6

2.5

6.1

Other miscellaneous expense (income), net
4.7

(14.6
)
(6.7
)
Total
$
142.7

$
111.2

$
115.0


Our net foreign exchange losses for the years ended December 31, 2016, 2015 and 2014 consist primarily of the impacts related to the remeasurement of our non-U.S. dollar denominated monetary assets and liabilities at our Venezuelan subsidiary, which is a U.S. dollar functional entity. In addition, as discussed further in Note 26, during the years ended December 31, 2016 and 2015, we recorded impairment charges on our non-operational real estate investment.
Expense related to debt extinguishment and refinancing related costs includes premiums on the redemption of our 2021 Dollar Senior Notes and 2021 Euro Senior Notes (collectively, the "2021 Senior Notes") during the year ended December 31, 2016. In addition, the refinancing of our 2021 Senior Notes, the amendment of our 2020 Dollar Term Loans and 2020 Euro Term Loans (collectively, the “2020 Term Loans”), an amendment to our Revolving Credit Facility, as well as multiple pre-payments on our 2020 Term Loans resulted in losses on extinguishment and the write-off of unamortized deferred financing costs and original issue discounts.
Other miscellaneous income, net included a gain for the year ended December 31, 2015 resulting from the acquisition of an additional 25% interest in an equity method investee for a purchase price of $4.3 million. As a result of the acquisition, we obtained a controlling interest and recognized a gain of $5.4 million on the remeasurement of our previously held equity interest as of the acquisition date. Also included in other miscellaneous income, net for the year ended December 31, 2015 was the recognition of a $5.6 million gain on derivative contracts compared to losses of $4.3 million and $1.4 million for the years ended December 31, 2016 and 2014, respectively.