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Other Expense, net (Tables)
12 Months Ended
Dec. 31, 2018
Other Expense, net  
Schedule of significant components of other expense, net

 

 

 

 

 

 

 

 

 

 

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