Other Operating Income (Expense)

12 Months Ended

Dec. 31, 2024

Other Income and Expenses [Abstract]

Other Operating Income (Expense)

Other Operating Income (Expense)

	Years Ended December 31,
(In millions)	2024		2023	2022
Foreign currency items:
Transaction losses(a)	$	16.5	(85.1)	(68.7)
Derivative instrument gains (losses)	(11.0)		21.3	42.0
Royalty income	8.0		7.5	9.1
Impairment losses	(4.8)		(10.3)	(9.0)
Indemnification asset adjustments(b)	(2.4)		(3.4)	(7.8)
Contingent consideration liability adjustments(c)	—		6.2	—
Gains on sale of property and other assets	3.9		1.9	2.7
Share in earnings of equity method affiliates	3.0		2.8	2.1
Other	5.5		4.9	4.3
Other operating income (expense)	$	18.7	(54.2)	(25.3)

(a)Includes remeasurement losses in Argentina of $18.4 million in 2024, $79.1 million in 2023 and $37.6 million in 2022 related to highly inflationary accounting.

(b)Post-acquisition adjustments to indemnification assets recognized in previous business acquisitions.

(c)In 2023, we derecognized contingent consideration liabilities, primarily related to the NoteMachine business acquisition.