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OTHER (INCOME) EXPENSE
6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
OTHER (INCOME) EXPENSE OTHER (INCOME) EXPENSE
Other general expense - net
Included in Other general expense - net were the following:
Three Months Ended
June 30,
Six Months Ended
June 30,
 2026202520262025
Provisions for environmental matters - net$3.3 $0.4 $3.4 $3.5 
Loss (gain) on sale or disposition of assets0.1 (1.3)(1.8)(3.4)
Other 7.2 8.1 15.1 
Total$3.4 $6.3 $9.7 $15.2 
Provisions for environmental matters - net represent initial provisions for site-specific estimated costs of environmental investigation or remediation and increases or decreases to environmental-related accruals as information becomes available upon which more accurate costs can be reasonably estimated and as additional accounting guidelines are issued. See Note 8 for further information on the Company’s environmental-related activities.
Loss (gain) on sale or disposition of assets represents the net realized losses (gains) associated with the sale or disposal of property, plant and equipment, intangible assets and leases previously used in the conduct of the primary business of the Company.
There were no items within the Other caption that were individually significant.
Other (income) expense - net
Included in Other (income) expense - net were the following:
Three Months Ended
June 30,
Six Months Ended
June 30,
 2026202520262025
Investment gains$(9.7)$(6.3)$(6.4)$(9.5)
Foreign currency transaction related losses (gains) - net0.3 13.1 (5.5)23.1 
Miscellaneous pension and benefit expense (income)0.5 (3.4)0.6 (6.8)
Other income(3.2)(8.9)(4.8)(19.3)
Other expense 10.2  20.1 
Total$(12.1)$4.7 $(16.1)$7.6 
Investment gains primarily relate to the change in market value of the investments held in the deferred compensation plans. See Note 13 for further information on the fair value of these investments.
Foreign currency transaction related losses (gains) - net include the impact from foreign currency transactions, including from highly inflationary economies such as Argentina, and net realized losses (gains) from foreign currency option and forward contracts. See Note 12 for further information regarding these foreign currency contracts.
Miscellaneous pension and benefit expense (income) consists of the non-service components of Net periodic pension and benefit cost (credit). See Note 7 for further information.
Other income and Other expense include items of revenue, gains, expenses and losses that were unrelated to the primary business purpose of the Company. There were no items within Other income or Other expense that were individually significant.