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Other Income (Expense), Net
 3 Months Ended
Mar. 31, 2016
Other Nonoperating Income (Expense) [Abstract]  
Other Income (Expense), Net
Other Expense, Net
 
Other expense, net is summarized as follows:
 
 
For the Three Months Ended
 
March 31,
2016
 
April 2,
2015
KDFA bond
$
1.1

 
$
1.2

Rental and miscellaneous income (expense)(1)
0.1

 
(1.9
)
Interest income
0.8

 
0.2

Foreign currency losses
(4.2
)
 
(5.9
)
Total
$
(2.2
)
 
$
(6.4
)

 
(1)
Includes $2.0 of losses related to the settlement of interest rate swap agreements for the period ended April 2, 2015, as further detailed in Note 11, Derivative and Hedging Activities.

Foreign currency losses are due to the impact of movement in foreign currency exchange rates on an intercompany revolver and long-term contractual rights/obligations, as well as trade and intercompany receivables/payables which are denominated in a currency other than the entity’s functional currency.