Other (expense), net (Tables)

3 Months Ended

Mar. 31, 2023

Other Income and Expenses [Abstract]

Schedule of Other (Expense) Net

Other (expense), net is comprised of the following:

	Three Months Ended March 31,
	2023		2022
Postretirement expense*	$	(192.9)	$	(9.7)
Foreign exchange gains**	3.7		2.2
Environmental costs and other, net***	(7.7)		(13.5)
Total other (expense), net	$	(196.9)	$	(21.0)

*Includes $183.2 million in the three months ended March 31, 2023 of a settlement loss related to one of the company’s U.S. defined benefit pension plans. See Note 3.

**Includes net foreign exchange gains of $3.5 million and net foreign exchange losses of $1.1 million, respectively, in the three months ended March 31, 2023 and 2022, related to substantial completion of liquidation of foreign subsidiaries.

***Environmental costs relate to a previously disposed business.