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OTHER OPERATING (EXPENSE) INCOME, NET
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
OTHER OPERATING (EXPENSE) INCOME, NET OTHER OPERATING (EXPENSE) INCOME, NET
The following table provides the composition of Other operating (expense) income, net for the three years ended December 31:
202420232022
Gain (loss) on foreign currency remeasurement, net of cash flow hedges$1,270 ($8,458)($5,251)
Gain on sale or disposal of property, plant & equipment13 37 40 
Costs related to disposition initiatives (a)(1,597)— — 
Restructuring charges (b)(1,139)— — 
Equity income related to Bainbridge Landing LLC joint venture (c)830 — 15,477 
Miscellaneous (expense) income, net(654)115 (562)
Total
($1,277)($8,306)$9,704 
(a)Costs related to disposition initiatives include legal, advisory, and other due diligence costs incurred in connection with our asset disposition plan, which was announced in November 2023.
(b)Restructuring charges include severance costs related to workforce optimization initiatives.
(c)See Note 5 — Noncontrolling Interests for additional information regarding income from our Bainbridge Landing LLC joint venture.