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Other Operating Income (Expense)
12 Months Ended
Dec. 31, 2018
Other Income and Expenses [Abstract]  
Other Operating Income (Expense)
Other Operating Income (Expense)
 
 
Years Ended December 31,
(In millions)
2018
 
2017
 
2016
 
 
 
 
 
 
Foreign currency items:
 
 
 
 
 
Transaction gains (losses)(a)
$
(13.9
)
 
(9.2
)
 
1.4

Foreign currency derivative instrument gains (losses)
7.7

 
0.8

 
(2.4
)
Gains (losses) on sale of property and equity investment(b)
4.0

 
9.2

 
(1.3
)
Impairment losses(c)
(6.5
)
 
(3.4
)
 
(20.6
)
Share in earnings (losses) of equity affiliates
1.9

 
0.4

 
(1.5
)
Royalty income
4.5

 
1.9

 
2.6

Gains on business acquisitions and dispositions

 
0.6

 
0.1

Other
0.6

 
3.0

 
1.6

Other operating income (expense)
$
(1.7
)
 
3.3

 
(20.1
)

(a)
Includes losses from currency remeasurement in Argentina of $6.2 million in 2018 related to highly inflationary accounting. Prior to the June 30, 2018 deconsolidation, Venezuela reported remeasurement gains of $2.2 million in 2018 and remeasurement losses of $9.1 million in 2017 and $4.8 million in 2016 under highly inflationary accounting.
(b)
Includes a $3.0 million gain in 2018 and an $8.4 million gain in 2017 related to the sale of real estate in Mexico.
(c)
Includes $13.6 million of impairment losses in 2016 related to the 2016 reorganization and restructuring.