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Interest and Other Nonoperating Income (Expense) (Tables)
 12 Months Ended
Dec. 31, 2019
Interest and Other Income [Abstract]  
Schedule of Other Nonoperating Income (Expense) Interest and Other Nonoperating Income (Expense)

 
Years Ended December 31,
(In millions)
2019
 
2018
 
2017
 
 
 
 
 
 
Interest income
$
5.6

 
6.9

 
4.1

Gain (loss) on equity securities
(2.9
)
 
3.2

 
1.5

Foreign currency transaction losses(a)
—

 
(15.5
)
 
(7.6
)
Derivative instruments
—

 
—

 
1.1

Retirement benefit cost other than service cost
(52.7
)
 
(39.7
)
 
(47.8
)
Prepayment penalties(b)
—

 
—

 
(8.3
)
Interest on Colombia tax claim(h)
(1.1
)
 
—

 
—

Interest on Brazil tax claim(c)
—

 
—

 
(1.6
)
Non-income taxes on intercompany billings(d)
(4.2
)
 
(2.6
)
 
(1.3
)
Venezuela operations(e)
(0.9
)
 
(0.6
)
 
—

Gain on lease termination(f)
5.2

 
—

 
—

Gain on a disposition of a subsidiary(g)
—

 
11.2

 
—

Other
(1.7
)
 
(1.7
)
 
(0.3
)
Interest and other nonoperating income (expense)
$
(52.7
)
 
(38.8
)
 
(60.2
)


(a)
Prior to the July 1, 2018 highly inflationary designation for accounting purposes, currency transaction losses incurred by Brink's Argentina related to its U.S. dollar-denominated payables to the sellers of Maco Transporatadora and Maco Litoral.
(b)
Penalties upon prepayment of Private Placement notes in September 2017 and a term loan in October 2017.
(c)
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.
(d)
Certain of our South American subsidiaries incur non-income taxes related to the billing of intercompany charges. These intercompany charges do not impact South America segment results and are eliminated in our consolidation.
(e)
Charges incurred for providing financial support to Brink's Venezuelan subsidiaries after the June 30, 2018 deconsolidation. We do not expect any future funding of the Venezuela business, as long as current U.S. sanctions remain in effect.
(f)
Gain on termination of a mining lease obligation related to former coal operations. We have no remaining mining leases.
(g)
Gain on the sale of our former French airport security services subsidiary in the second quarter of 2018.
(h)
Related to an unfavorable court ruling in 2019 on a non-income tax claim in Colombia. The court ruled that Brink's must pay interest accruing from 2009 to the current date. The principal amount of the claim was less than $1 million and was recognized in selling, general and administrative expenses in 2019.