Other Income, Net

9 Months Ended

Sep. 30, 2016

Other Income And Expenses [Abstract]

Other Income, Net

Note 12—Other income, net:

	Nine months ended September 30,
	2015		2016
	(In millions)
Securities earnings:
Dividends and interest	$	19.8	$	20.3
Securities transactions, net		.1		.2
Total		19.9		20.5
Currency transactions, net		.6		3.2
Insurance recoveries		3.5		.4
Business interruption insurance proceeds		—		3.4
Other, net		1.4		.8
Total	$	25.4	$	28.3

Insurance recoveries reflect, in part, amounts NL received from certain of its former insurance carriers and relate to the recovery of prior lead pigment and asbestos litigation defense costs incurred by NL.

We recognized $3.4 million in income related to cash Kronos received in the first nine months of 2016  from settlement of a business interruption insurance claim arising in 2014.  No additional material amounts are expected to be received with respect to such insurance claim.