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Other Income and Expense
 3 Months Ended
Mar. 31, 2017
Other Income and Expenses [Abstract]  
Other Income and Expense
Other Income and Expense
The table below summarizes other income and (expense):
 
Three Months Ended
 
March 31, 2017
 
March 31, 2016
 
(In millions)
Bridge loan commitment fees(1)
$
—

 
$
(18.4
)
Gain (loss) from other foreign exchange and derivative activity, net
(8.2
)
 
3.7

Other, net(2)
8.6

 
(0.6
)
Other income (expense), net
$
0.4

 
$
(15.3
)

(1)
During the first quarter of 2016, we recognized amortization of commitment fees and other financing costs incurred in connection with our bridge loan agreement entered into subsequent to the announcement of the Acquisition.
(2)
During the first quarter of 2017, we recorded a gain of CAD 10.6 million, or $8.1 million, resulting from a purchase price adjustment related to the historical sale of Molson Inc.’s ownership interest in the Montreal Canadiens. The CAD 10.6 million was paid by the Montreal Canadiens, who are a considered an affiliate of MCBC, in the first quarter of 2017.