Interest and Other Nonoperating Income (Expense)

12 Months Ended

Dec. 31, 2017

Interest and Other Income [Abstract]

Interest and Other Nonoperating Income (Expense)

Interest and Other Nonoperating Income (Expense)

	Years Ended December 31,
(In millions)	2017			2016		2015
Interest income	$	4.1		2.6		3.3
Gain on available-for-sale securities	1.5			0.5		1.1
Foreign currency transaction losses	(7.6		)	—		—
Derivative instruments	1.1			(0.6	)	(0.5	)
Retirement benefit cost other than service cost	(47.8		)	(40.3	)	(39.8	)
Prepayment penalties(a)	(8.3		)	—		—
Interest on Brazil tax claim(b)	(1.6		)	—		—
Other	(1.6		)	(1.3	)	(0.5	)
Total	$	(60.2	)	(39.1	)	(36.4	)

(a) Penalties upon prepayment of Private Placement notes in September 2017 and a term loan in October 2017.

(b) Related to an unfavorable court ruling in 2017 on a non-income tax claim in Brazil. The court ruled that Brink's must pay interest accruing from the initial claim filing in 1994 to the current date. The principal amount of the claim was approximately $1 million and was recognized in selling, general and administrative expenses in 2017.