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Other Expense, Net
6 Months Ended
Jul. 02, 2016
Other Income and Expenses [Abstract]  
Other Expense, Net [Text Block]
Note 4.
Other Expense, Net
The components of other expense, net, in the accompanying statement of income are as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
July 2,

 
June 27,

 
July 2,

 
June 27,

(In millions)
 
2016

 
2015

 
2016

 
2015

 
 
 
 
 
 
 
 
 
Interest Income
 
$
13.2

 
$
7.7

 
$
24.0

 
$
14.7

Interest Expense
 
(118.8
)
 
(102.9
)
 
(225.0
)
 
(211.3
)
Other Items, Net
 
(10.9
)
 
3.0

 
(10.4
)
 
(0.9
)
 
 
 
 
 
 
 
 
 
Other Expense, Net
 
$
(116.5
)
 
$
(92.2
)
 
$
(211.4
)
 
$
(197.5
)

Other Items, Net
In the first six months of 2016, other items, net includes $10 million of charges related to the amortization of fees paid to obtain bridge financing commitments for the pending acquisition of FEI (Note 2) and $6 million of losses on the early extinguishment of debt, offset in part by $2 million of gains on investments. In the first six months of 2015, other items, net includes costs of $7.5 million associated with entering into interest rate swap arrangements and losses of $3 million for the early extinguishment of debt.