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Other Income, Net
 3 Months Ended
Mar. 31, 2016
Other Income And Expenses [Abstract]  
Other Income, Net

Note 12—Other income, net:

 

 

Three months ended
March 31,

 

 

2015

 

 

2016

 

 

(In millions)

 

Securities earnings:

 

 

 

 

 

 

 

Dividends and interest

$

6.6

 

 

$

6.7

 

Securities transactions, net

 

.1

 

 

 

.1

 

Total

 

6.7

 

 

 

6.8

 

Currency transactions, net

 

1.6

 

 

 

2.3

 

Insurance recoveries

 

3.1

 

 

 

.1

 

Business interruption insurance proceeds

 

—

 

 

 

2.0

 

Other, net

 

.7

 

 

 

.2

 

Total

$

12.1

 

 

$

11.4

 

Insurance recoveries reflect, in part, amounts NL received from certain of its former insurance carriers and relate to the recovery of prior lead pigment and asbestos litigation defense costs incurred by NL.

We recognized $2.0 million in income related to cash Kronos received in the first quarter of 2016 from settlement of a business interruption insurance claim arising in 2014.  Kronos collected an additional $1.4 million related to this claim in April 2016, which will be recognized as other income in the second quarter of 2016.  No additional material amounts are expected to be received with respect to such insurance claim.