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Interest and Other Income (Expense), Net (Tables)
6 Months Ended
Jun. 30, 2024
Other Income and Expenses [Abstract]  
Schedule of Components of interest and other income (expense), net

The components of interest and other income (expenses), net were as follows (in millions):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Interest income

 

$

2.4

 

 

$

1.9

 

 

$

5.0

 

 

$

3.3

 

Interest expense

 

 

(15.7

)

 

 

(3.9

)

 

 

(20.7

)

 

 

(8.1

)

Impairment of minority investments

 

 

(20.2

)

 

 

(11.4

)

 

 

(20.2

)

 

 

(18.3

)

Exchange gains (losses) on foreign currency transactions

 

 

9.0

 

 

 

(2.2

)

 

 

17.9

 

 

 

(5.5

)

Pension components

 

 

0.3

 

 

 

 

 

 

0.6

 

 

 

(0.1

)

Other income (expense)

 

 

 

 

 

6.9

 

 

 

 

 

 

3.9

 

Interest and other income (expense), net

 

$

(24.2

)

 

$

(8.7

)

 

$

(17.4

)

 

$

(24.8

)