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Other, Net
12 Months Ended
Dec. 31, 2011
Other, Net [Abstract]  
Other, Net

Note 12. Other, Net

Other, net (income) expense consists of the following items:

 

 

                         
    Year Ended December 31,  
    2011     2010     2009  
    (in millions)  

Foreign currency exchange transactions

  $ 3.1     $     $ 2.2  

Loss (gain) on equity investments

    (0.6     1.7       (6.5

Costs related to redemption of Senior Notes

          5.9        

Other

    1.5       (0.8     (1.0
   

 

 

   

 

 

   

 

 

 

Other, net

  $ 4.0     $ 6.8     $ (5.3
   

 

 

   

 

 

   

 

 

 

Other for the year ended December 31, 2011 includes $2.4 million in expense from the recognition of certain equity repurchase agreements with an investor in TRIP Holdings at fair value. See Note 3 Fair Value Accounting and Note 6 Investment in TRIP Holdings. Loss on equity investments for the year ended December 31, 2010 includes a $1.8 million loss on the write-down of the Company’s pre-acquisition investment in Quixote Corporation. See Note 2 Acquisitions and Divestitures. See Note 11 Debt for further explanation of the Senior Notes redemption. Gain on equity investments for 2009 includes a $3.7 million gain from the sale of an investment during the year ended December 31, 2009.