OTHER (INCOME) EXPENSE (Tables)

6 Months Ended

Jun. 30, 2020

Other Income and Expenses [Abstract]

Other (income ) expense

The components of other (income) expense from continuing operations were as follows:

	Six Months Ended   June 30,				Three Months Ended   June 30,
	2020		2019		2020		2019
Restructuring charges 1	$	2.5	$	1.9	$	1.9	$	.7
Currency (income) loss	(1.6)		1.8		.7		—
Loss(Gain) from diversified investments associated with Executive Stock Unit Program (See Note 8)	1.2		(4.5)		(5.5)		(1.2)
COVID-19 government subsidies 2	(11.4)		—		(10.4)		—
Other income	(2.2)		(2.9)		(2.6)		(2.4)
	$	(11.5)	$	(3.7)	$	(15.9)	$	(2.9)

¹ We incurred $1.9 of severance expense for permanent workforce reductions in the second quarter of 2020 associated with changes in management and organizational structure in response to the effect the COVID-19 pandemic has had on the nature and focus of our operations. See Note 18 for additional information. Additionally in the second quarter of 2020, we incurred $1.0 of restructuring-related expenses associated with writedowns of inventories (reported in cost of goods sold) and long-lived asset impairments (reported in impairments) related to the wind down of the 2018 Restructuring Plan.

2 This represents government subsidies in our international locations, which do not contain material restrictions on our operations, sources of funding or otherwise. In the U.S., we are deferring our payment of employer's Social Security match into 2021 and 2022 as provided by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Through June 30, 2020, we have deferred $5.3, and we expect to defer $17.1 in total for 2020. Half of the amount will be paid in 2021 and half in 2022.