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Other Income (Expense), Net
3 Months Ended
Apr. 02, 2020
Other Nonoperating Income (Expense) [Abstract]  
Other Income (Expense), Net Other (Expense) Income, Net
 
Other (expense) income, net is summarized as follows:
 
 
For the Three 
Months Ended
 
April 2,
2020
 
March 28,
2019
Kansas Development Finance Authority bond
$
1.1

 
$
1.2

Rental and miscellaneous income

 
0.1

Interest income
6.9

 
3.2

Foreign currency gains (losses) (1)
5.4

 
(2.0
)
Gain (loss) on foreign currency contract and interest rate swaps
0.1

 
(15.4
)
Loss on sale of accounts receivable
(3.1
)
 
(4.6
)
Pension (loss) income (2)
(59.6
)
 
6.5

Other
0.2

 

Total
$
(49.0
)
 
$
(11.0
)


(1) Foreign currency gains and losses are due to the impact of movement in foreign currency exchange rates on long-term contractual rights/obligations, as well as cash and both trade and intercompany receivables/payables that are denominated in a currency other than the entity’s functional currency.

(2) Pension expense for the three months ended April 2, 2020 includes $69.2 of expenses related to the VRP.