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Other (Income) Expense, Net
12 Months Ended
Dec. 31, 2012
Other (Income) Expense, Net

13. Other (Income) Expense, Net

The components of other (income) expense, net, for the following years ended December 31 are:

 

      2012     2011     2010  
(dollars in millions)                   

Interest income

   $ (5.5   $ (3.5   $ (3.7

Foreign exchange (gains) losses

     (0.7     2.0        (0.7

Asset impairments

     22.2        —         —    

Restructuring

     17.4        7.8        16.7   

Legal settlements and commitments

     —         246.5        —    

Impairment charges for bonds

     —         11.5        —    

Acquisition-related items

     2.1        4.4        9.3   

Other, net

     4.8        3.2        3.0   
  

 

 

   

 

 

   

 

 

 

Total other (income) expense, net

   $ 40.3      $ 271.9      $ 24.6   
  

 

 

   

 

 

   

 

 

 

Asset impairments—See Note 3 of the notes to consolidated financial statements.

Restructuring—See Note 3 of the notes to consolidated financial statements.

Legal settlements and commitments—In 2011, the amount reflected the estimated costs of settling all Hernia Product Claims (other than the putative class action lawsuits), including costs to administer the settlements, and the charge associated with the preliminary agreement to resolve claims with respect to the Brachytherapy Matter (see Note 10 of the notes to consolidated financial statements). The amount also reflected certain other legal settlements and commitments.

 

Impairment charges for bonds—See Note 6 of the notes to consolidated financial statements.

Acquisition-related items—The amounts consist of acquisition-related integration costs. See Note 2 of the notes to consolidated financial statements.