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OTHER
 6 Months Ended
Jun. 30, 2022
Other Income and Expenses [Abstract]  
OTHER OTHER
Other general expense (income) - net
Included in Other general expense (income) - net were the following:
Three Months Ended
June 30,		Six Months Ended
June 30,
 2022202120222021
Provisions for environmental matters - net$4.1 $2.5 $4.7 $5.0 
Loss on divestiture of business (see Note 3)— — — 111.9 
Loss (gain) on sale or disposition of assets0.3 (7.7)2.2 (4.6)
Other general expense (income) - net$4.4 $(5.2)$6.9 $112.3 
Provisions for environmental matters - net represent initial provisions for site-specific estimated costs of environmental investigation or remediation and increases or decreases to environmental-related accruals as information becomes available upon which more accurate costs can be reasonably estimated and as additional accounting guidelines are issued. Environmental-related accruals are not recorded net of insurance proceeds in accordance with the Offsetting Subtopic of the Balance Sheet Topic of the ASC. See Note 8 for further details on the Company’s environmental-related activities.
The loss (gain) on sale or disposition of assets represents net realized losses (gains) associated with the sale or disposal of property, plant and equipment and intangible assets previously used in the conduct of the primary business of the Company.
Other expense (income) - net
Included in Other expense (income) - net were the following:
Three Months Ended
June 30,		Six Months Ended
June 30,
 2022202120222021
Investment losses (gains)$8.2 $(11.8)$14.9 $(18.3)
Net expense from banking activities3.0 2.5 5.9 5.1 
Foreign currency transaction related losses6.2 9.1 10.3 11.6 
Miscellaneous pension expense1.0 1.1 1.9 2.0 
Other income(10.4)(7.3)(17.9)(12.5)
Other expense7.5 5.3 16.7 8.8 
Other expense (income) - net$15.5 $(1.1)$31.8 $(3.3)
Investment losses (gains) primarily relate to the change in market value of the investments held in the deferred compensation plan and Qualified Replacement Plan. See Note 13 for additional information on the fair value of these investments.
Foreign currency transaction related losses include the impact from foreign currency transactions and net realized losses from foreign currency option and forward contracts. There were no material foreign currency option and forward contracts outstanding at June 30, 2022 and 2021.
Miscellaneous pension expense consists of the non-service components of Net periodic benefit cost. See Note 7.
Other income and Other expense included items of revenue, gains, expenses and losses that were unrelated to the primary business purpose of the Company. There were no other items within the Other income or Other expense caption that were individually significant.