Other (expense), net (Tables)

3 Months Ended

Mar. 31, 2024

Other Income and Expenses [Abstract]

Schedule of Other (Expense), Net

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

	Three Months Ended March 31,
	2024		2023
Postretirement expense(i)	$	(146.2)	$	(192.9)
Foreign exchange (losses) gains(ii)	(14.9)		3.7
Other, net(iii)	19.0		(7.7)
Total other (expense), net	$	(142.1)	$	(196.9)

(i) Includes $132.3 million and $183.2 million of U.S pension settlement losses in the three months ended March 31, 2024 and 2023, respectively. See Note 4.

(ii) Includes net foreign exchange losses of $0.5 million and net foreign currency gains of $3.5 million, respectively, in the three months ended March 31, 2024 and 2023, related to substantial completion of liquidation of foreign subsidiaries.

(iii) Other, net in the three months ended March 31, 2024 includes a net gain of approximately $14.9 million related to a favorable judgment received in a Brazilian services tax matter. Additionally, other, net includes environmental costs related to previously disposed businesses.