Other Income and Expense

3 Months Ended

Jun. 30, 2025

Other Income and Expense

Other Income and Expense

Note 8: Other Income and Expense

Other income and expense consisted of the following:

	Three months ended June 30,
	2025		2024
Interest income	$	0.5	$	0.7
Foreign currency transactions (a)		(3.4)		0.2
Net periodic benefit cost (b)		(1.3)		(1.2)
Total other expense – net	$	(4.2)	$	(0.3)
____

(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.