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Other (expense), net
6 Months Ended
Jun. 30, 2023
Other Income and Expenses [Abstract]  
Other (expense), net Other (expense), net
Other (expense), net is comprised of the following:
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
Postretirement expense*$(10.2)$(11.9)$(203.1)$(21.6)
Foreign exchange (losses) gains**(3.2)(2.6)0.5 (0.4)
Environmental costs and other, net***(3.3)(7.4)(11.0)(20.9)
Total other (expense), net$(16.7)$(21.9)$(213.6)$(42.9)
*Includes $183.2 million in the six months ended June 30, 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 losses of $0.1 million and $1.8 million, respectively, in the three months ended June 30, 2023 and 2022, related to substantial completion of liquidation of foreign subsidiaries. Includes net foreign currency gains of $3.4 million and net foreign currency losses of $2.9 million, respectively, in the six months ended June 30, 2023 and 2022, related to substantial completion of liquidation of foreign subsidiaries.
***Environmental costs relate to a previously disposed business.