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Other Expense, net
12 Months Ended
Dec. 31, 2018
Other Expense, net  
Other Expense, net

 

Note 14. Other Expense, net

 

Significant components of Other expense, net are as follows:

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2018

    

2017

    

2016

 

(in millions)

Investment income from life insurance policies

$

(67.4)

 

$

(66.4)

 

$

(60.8)

Interest expense on life insurance policy loans

 

70.1

 

 

66.5

 

 

62.1

Life insurance policy cost of insurance

 

12.1

 

 

11.5

 

 

10.9

Income from life insurance policy redemptions

 

(10.3)

 

 

(8.5)

 

 

(4.4)

Foreign currency transaction (gains) losses

 

(0.6)

 

 

4.9

 

 

(1.8)

Net periodic benefit cost — components other than service cost

 

2.1

 

 

6.9

 

 

5.2

All other, net

 

(5.3)

 

 

(10.2)

 

 

(7.2)

 

$

0.7

 

$

4.7

 

$

4.0