Other Income and Expense (Tables)

6 Months Ended

Sep. 30, 2024

Other Income and Expense

Other Income and Expense

Other income and expense consisted of the following:

	Three months ended September 30,				Six months ended September 30,
	2024		2023		2024		2023
Interest income	$	0.8	$	1.2	$	1.5	$	1.7
Foreign currency transactions (a)		(1.2)		(0.2)		(1.0)		(0.5)
Net periodic benefit cost (b)		(1.1)		(0.9)		(2.3)		(1.7)
Total other (expense) income - net	$	(1.5)	$	0.1	$	(1.8)	$	(0.5)
____

(a) Foreign currency transactions primarily consist of foreign currency transaction gains and losses on the re-measurement or settlement of foreign currency-denominated assets and liabilities, including intercompany loans and transactions denominated in a foreign currency, along with gains and losses on certain foreign currency exchange contracts.

(b) Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.