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Other (Income) Expense, net
6 Months Ended
Jun. 30, 2015
Other Income and Expenses [Abstract]  
Other (Income) Expense, net
Components of other expense, net are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In millions)
2015
 
2014
 
2015
 
2014
Restructuring expenses and asset impairments
$
4.4

 
$
11.7

 
$
13.9

 
$
12.4

Asbestos and bankruptcy-related charges, net

 
(2.4
)
 
(8.7
)
 
6.4

Provision for environmental remediation, net
0.7

 
3.4

 
(2.6
)
 
4.6

Net loss on sales of investments and disposals of assets
1.5

 

 
1.9

 
0.7

Currency transaction effects
1.7

 
0.4

 
(1.1
)
 
0.7

Interest income
(0.1
)
 
(0.5
)
 
(0.2
)
 
(1.0
)
Other miscellaneous income
(0.2
)
 
(1.7
)
 
(0.8
)
 
(2.9
)
Total other expense, net
$
8.0

 
$
10.9

 
$
2.4

 
$
20.9


In the 2015 first quarter, Grace finalized its accounting for emergence from bankruptcy and recorded a gain of $9.0 million reflecting the final resolution of bankruptcy liabilities.