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Other Expense, Net
6 Months Ended
Jun. 30, 2015
Other Income and Expenses [Abstract]  
Other Expense
Other Expense, net

Items included in other expense, net consist of:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in millions)
2015
 
2014
 
2015
 
2014
Restructuring expense
$
19.9

 
$
15.0

 
$
32.0

 
$
54.5

Gain on previously held equity interest

 

 
(10.8
)
 

Other income
(0.8
)
 
(4.0
)
 
(0.9
)
 
(4.7
)
Other expense, net
$
19.1

 
$
11.0

 
$
20.3

 
$
49.8



During the first half of 2015 and 2014, the Company recorded restructuring expense of $32.0 million and $54.5 million, respectively. This expense relates to Drivetrain and Engine segment actions designed to improve future profitability and competitiveness, as well as a global realignment plan intended to enhance treasury management flexibility. See the Restructuring footnote to the Condensed Consolidated Financial Statements for further discussion of these expenses.

During the first quarter of 2015, the Company completed the purchase of the remaining 51% of BERU Diesel Start Systems Pvt. Ltd. ("BERU Diesel") by acquiring the shares of its former joint venture partner. As a result of this transaction, the Company recorded a $10.8 million gain on the previously held equity interest in this joint venture. See the Recent Transactions footnote to the Condensed Consolidated Financial Statements for further discussion of this acquisition.