Other Operating Income (Expense) | | | | | | | | | | | | Years Ended December 31, | (In millions) | 2019 | | 2018 | | 2017 | | | | | | | Foreign currency items: | | | | | | Transaction losses(a) | $ | (22.9 | ) | | (13.9 | ) | | (9.2 | ) | Foreign currency derivative instrument gains | 6.9 |
| | 7.7 |
| | 0.8 |
| Gains on sale of property and equity investment(b) | 5.8 |
| | 4.0 |
| | 9.2 |
| Impairment losses | (7.7 | ) | | (6.5 | ) | | (3.4 | ) | Share in earnings of equity affiliates | 0.9 |
| | 1.9 |
| | 0.4 |
| Royalty income | 5.1 |
| | 4.5 |
| | 1.9 |
| Gains on business acquisitions and dispositions | — |
| | — |
| | 0.6 |
| Other | 2.5 |
| | 0.6 |
| | 3.0 |
| Other operating income (expense) | $ | (9.4 | ) | | (1.7 | ) | | 3.3 |
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| | (a) | Includes remeasurement losses in Argentina of $11.3 million in 2019 and $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 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.
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