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Other Income, Net
6 Months Ended
Jun. 30, 2011
Other Income, Net  
Other Income, Net

Note 11 - Other income, net:

 

     Six months ended
June 30,
 
     2010     2011  
     (In millions)  

Securities earnings:

    

Dividends and interest

   $ 13.0      $ 14.7   

Securities transactions, net

     .1        .1   
  

 

 

   

 

 

 

Total

     13.1        14.8   

Equity in earnings of investee

     (.1     (.2

Currency transactions, net

     (.4     2.4   

Insurance recoveries

     18.3        .5   

Patent litigation settlement gain

     —          7.5   

Other, net

     1.0        .6   
  

 

 

   

 

 

 

Total

   $ 31.9      $ 25.6   
  

 

 

   

 

 

 

Insurance recoveries reflect, in part, amounts we received from certain of our former insurance carriers and relate to the recovery of prior lead pigment and asbestos litigation defense costs incurred by us. In addition, a substantial portion of the insurance recoveries we recognized in the first quarter of 2010 related to the NL litigation settlement discussed in Note 14. The gain on the CompX patent litigation settlement was recognized in the first quarter of 2011 and is discussed in Note 14.