2024

2023

2022

Interest income

$

9.3

$

7.5

$

2.8

Interest expense

(47.9

)

(16.4

)

(16.1

)

Impairment of minority investments

(24.6

)

(18.2

)

—

Exchange gains (losses) on foreign currency transactions, net

23.7

(13.3

)

(5.8

)

Defined benefit pension components, excluding service cost

1.3

(0.1

)

(1.0

)

Other income (expense)

—

3.7

1.3

Interest and other income (expense), net

$

(38.2

)

$

(36.8

)

$

(18.8

)