Interest and Other Expenses

12 Months Ended

Dec. 31, 2018

Other Nonoperating Income (Expense) [Abstract]

Interest and Other Expenses

Interest and Other Expenses

Interest and other expenses consisted of the following:

Year Ended December 31	2018			2017			2016
Interest expense		$47.0			$49.4			$49.5
Interest income	(6.0		)	(4.8		)	(3.6		)
Foreign exchange loss	1.4			0.8			2.8
Miscellaneous (income) expense, net	(0.4		)	6.5			(4.5		)
Interest and other expenses		$42.0			$51.9			$44.2

As of January 1, 2018, we adopted new accounting guidance on presentation of net periodic pension and postretirement benefit cost ("net benefit cost"). Under the new guidance, we are required to present non-service cost components of net benefit cost in interest and other expenses, as opposed to selling and administrative expenses. All previously reported results have been restated to conform to the current year presentation. (See Note 9 to the Consolidated Financial Statements for further information.)