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Other-Net, (Income) Expense
 6 Months Ended
Jun. 30, 2017
Nonoperating Income (Expense) [Abstract]  
Other - Net, (Income) Expense
Other–Net, (Income) Expense
Other–net, (income) expense consisted of the following:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Interest expense
$
53.6

 
$
43.2

 
$
100.2

 
$
86.6

Interest income
(36.9
)
 
(23.5
)
 
(69.5
)
 
(47.7
)
Venezuela charge
—

 
—

 
—

 
203.9

Other income
(12.8
)
 
(40.9
)
 
(41.9
)
 
(115.0
)
Other–net, (income) expense
$
3.9


$
(21.2
)

$
(11.2
)

$
127.8


Due to the financial crisis in Venezuela and the significant deterioration of the bolívar, we changed the exchange rate used to translate the assets and liabilities of our subsidiaries in Venezuela which resulted in a first quarter of 2016 charge of $203.9 million. Prior to this change, we used the Supplementary Foreign Currency Administration System (SICAD) rate; however, this official rate was discontinued in the first quarter of 2016. After considering several factors, including the future uncertainty of the Venezuelan economy, published exchange rates, and the limited amount of foreign currency exchanged, we changed to the Divisa Complementaria (DICOM) rate.