Other (Expense) Income, Net (Tables)

3 Months Ended

Mar. 31, 2025

Other Income and Expenses [Abstract]

Other (Expense) Income, Net

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

	Quarter Ended March 31,
	2025			2024
Interest income	$	0.2		$	0.9
Net periodic postretirement and postemployment benefit cost		(1.2	)		(0.3	)
Unrealized (loss) gain on equity securities		(0.1	)		0.2
Loss on disposition of property, plant and equipment		—			(0.2	)
Gain on business interruption insurance recoveries1		—			10.5
All other, net		(0.3	)		(0.2	)
Other (expense) income, net	$	(1.4	)	$	10.9

1.Represents advances against business interruption insurance claims. We recognize such advances in the period in which the insurance proceeds are received or become realizable. During the quarters ended March 31, 2025 and March 31, 2024, we received net cash proceeds of $0.4 million and $9.7 million, respectively.