Other Operating Income (Expense) (Tables)

12 Months Ended

Dec. 31, 2023

Other Income and Expenses [Abstract]

Interest and Other Income

Other Operating Income (Expense)

	Years Ended December 31,
(In millions)	2023		2022	2021
Foreign currency items:
Transaction losses(a)	$	(85.1)	(68.7)	(30.5)
Derivative instrument gains (losses)	21.3		42.0	24.2
Royalty income	7.5		9.1	5.6
Impairment losses	(10.3)		(9.0)	(9.5)
Indemnification asset adjustments(b)	(3.4)		(7.8)	—
Contingent consideration liability adjustments(c)	6.2		—	—
Gains on sale of property and other assets	1.9		2.7	—
Share in earnings of equity method affiliates	2.8		2.1	1.1
Insurance recoveries - Internal Loss(d)	—		—	18.8
Gains related to litigation(e)	—		—	4.4
Indemnity for forced relocation(f)	—		—	1.7
Other	4.9		4.3	4.2
Other operating income (expense)	$	(54.2)	(25.3)	20.0

(a)Includes remeasurement losses in Argentina of $79.1 million in 2023, $37.6 million in 2022 and $9.0 million in 2021 related to highly inflationary accounting.

(b)Post-acquisition adjustments to indemnification assets recognized in previous business acquisitions.

(c)In 2023, we derecognized contingent consideration liabilities related to the NoteMachine and Touchpoint 21 business acquisitions.

(d)See details of the Internal Loss at Note 1.

(e)Gains recognized in the fourth quarter of 2021 in our Romanian operations related to favorable outcome of customer-related litigation.

(f)Indemnity received from the city of Paris to compensate for the forced relocation from a branch facility.