OTHER EXPENSE (INCOME)

9 Months Ended

Sep. 30, 2021

Other Income and Expenses [Abstract]

OTHER (INCOME) EXPENSE

OTHER (INCOME) EXPENSE

The components of other (income) expense were as follows:

	Nine Months Ended   September 30,				Three Months Ended   September 30,
	2021		2020		2021		2020
Restructuring (income) charges	$	(.3)	$	7.6	$	—	$	5.1
Currency loss (income)	.9		.3		(.5)		1.9
(Gain) loss from diversified investments associated with Executive Stock Unit Program (See Note 8)	(3.9)		(1.1)		.4		(2.3)
Insurance proceeds 1	(6.6)		—		(6.6)		—
COVID-19 government subsidies 2	(2.8)		(18.4)		(1.3)		(7.0)
Other (income) expense	(2.8)		.3		(.6)		2.1
	$	(15.5)	$	(11.3)	$	(8.6)	$	(.2)

1 This represents the receipt of $5.0 from a business interruption policy for COVID disruptions and $1.6 for storm damage at a manufacturing facility.

2 This represents government subsidies in our international locations, which do not contain material restrictions on our operations, sources of funding or otherwise. Also, in 2020, we deferred our payment of employer's U.S. Social Security match into 2021 and 2022 as provided by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Through December 31, 2020, we deferred $19.0. Half of the amount is due on December 31, 2021 and half on December 31, 2022.