Other Income (Expense), Net

3 Months Ended

Apr. 02, 2023

Other Income and Expenses [Abstract]

Other Income (Expense), Net

Other Income (Expense), Net 

Included in other income (expense), net for the first quarter 2023 and 2022 are the following:

	First Quarter
	2023		2022
	(In millions of dollars)
Interest income	$	1.4	$	0.1
Interest expense	(0.8)		(0.6)
Foreign exchange gains (losses)	(0.7)		4.7
Other	2.1		(1.4)
Other income (expense), net	$	2.0	$	2.8

Included in Other for the first quarter of 2023 is a gain of $2.0 million for the receipt of final proceeds in connection with our investment in Business Talent Group, LLC that was sold in 2021. Included in foreign exchange gains (losses) for the first quarter of 2022 is a $5.5 million foreign exchange gain on a U.S. dollar-denominated cash balance held by the Company's Japan entity (see Investment in Persol Holdings footnote).