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Other Income and Expense (Tables)
3 Months Ended
Jun. 30, 2025
Other Income and Expense  
Other Income and Expense

Other income and expense consisted of the following:

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Three months ended June 30, 

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2025

    

2024

Interest income

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$

0.5

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$

0.7

Foreign currency transactions (a)

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(3.4)

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0.2

Net periodic benefit cost (b)

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(1.3)

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(1.2)

Total other expense – net

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$

(4.2)

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$

(0.3)

____

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(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.