Other (Income) Expense, net

12 Months Ended

Dec. 31, 2019

Other (Income) Expense, net

Other (Income) Expense, net

Note 15. Other (Income) Expense, net

Significant components of Other (income) expense, net are as follows:

	Year Ended December 31,
	2019		2018		2017
	(in millions)
Investment income from life insurance policies	$	(74.3)	$	(67.4)	$	(66.4)
Interest expense on life insurance policy loans		73.9		70.1		66.5
Life insurance policy cost of insurance		12.8		12.1		11.5
Income from life insurance policy redemptions		(7.8)		(10.3)		(8.5)
Foreign currency transaction losses (gains)		4.1		(0.6)		4.9
Net periodic benefit cost — components other than service cost		2.3		2.1		6.9
Other, net		(11.8)		(5.3)		(10.2)
	$	(0.8)	$	0.7	$	4.7