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Other (Income) Expense, net
3 Months Ended
Mar. 31, 2020
Other Income and Expenses [Abstract]  
Other (Income) Expense, net
Components of other (income) expense, net are as follows:
 
Three Months Ended March 31,
(In millions)
2020
 
2019
Business interruption insurance recoveries
$
(8.0
)
 
$

Defined benefit pension (income) expense other than service cost
(3.9
)
 
(1.5
)
Third-party acquisition-related costs
1.5

 
0.3

Currency transaction effects
(0.9
)
 
(0.2
)
Net (gain) loss on sales of investments and disposals of assets
0.5

 
0.5

Other miscellaneous (income) expense
2.0

 
(1.3
)
Total other (income) expense, net
$
(8.8
)
 
$
(2.2
)

In July 2019, a North American FCC catalysts customer filed for bankruptcy protection after announcing it would not resume refinery operations following a fire in its refinery. Grace received $8.0 million in 2020, as well as $8.0 million in the 2019 fourth quarter, from its third-party insurer under its business interruption insurance policy for lost profits.