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Other Income (Expense), Net
12 Months Ended
Dec. 31, 2022
Other Income and Expenses [Abstract]  
Other Income (Expense), Net

13. Other Income (Expense), Net

The following table presents the components of Other income (expense), net, (in millions of dollars):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Interest income

 

$

1.3

 

 

$

0.2

 

 

$

0.6

 

Net periodic postretirement benefit cost

 

 

(5.6

)

 

 

(4.1

)

 

 

(4.7

)

Realized gain on available for sale securities

 

 

 

 

 

 

 

 

2.0

 

Unrealized (loss) gain on equity securities

 

 

(1.2

)

 

 

(0.2

)

 

 

0.7

 

Gain (loss) on extinguishment of debt – Note 9

 

 

 

 

 

(35.9

)

 

 

 

Gain (loss) on disposition of property, plant and equipment

 

 

6.0

 

 

 

0.5

 

 

 

(0.2

)

Post-acquisition funding received from Alcoa Corporation1

 

 

6.0

 

 

 

 

 

 

 

All other, net

 

 

(0.1

)

 

 

0.6

 

 

 

0.2

 

Other income (expense), net

 

$

6.4

 

 

$

(38.9

)

 

$

(1.4

)

 

1
Reimbursement received for repairs and maintenance expenditures on certain machinery and equipment that we had purchased from Alcoa Corporation in connection with our March 31, 2021 acquisition of Warrick.