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Other Income, Net (Tables)
12 Months Ended
Dec. 31, 2025
Other Income and Expenses [Abstract]  
Other Income, Net

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

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

Interest income

 

$

0.8

 

 

$

3.6

 

 

$

1.7

 

Net periodic postretirement and postemployment benefit cost

 

 

(5.1

)

 

 

(4.3

)

 

 

(8.4

)

Unrealized gain on equity securities

 

 

0.5

 

 

 

0.3

 

 

 

0.6

 

Loss on extinguishment of debt – Note 9

 

 

(2.1

)

 

 

 

 

 

 

Gain on disposition of non-operating property, plant and equipment

 

 

10.3

 

 

 

3.8

 

 

 

13.8

 

Gain on business interruption insurance recoveries1

 

 

6.6

 

 

 

16.3

 

 

 

 

All other, net

 

 

0.3

 

 

 

(0.2

)

 

 

(0.3

)

Other income, net

 

$

11.3

 

 

$

19.5

 

 

$

7.4

 

 

1.
Represents advances and final settlements against business interruption insurance claims. We recognize such advances in the period in which the insurance proceeds are received or become realizable. During the years ended December 31, 2025 and December 31, 2024, we received net cash proceeds of $7.0 million and 15.9 million, respectively.