Other Expense, Net

3 Months Ended

Mar. 31, 2017

Other Income and Expenses [Abstract]

Other Expense, net

Other Expense, net

Items included in other expense, net consist of:

	Three Months Ended March 31,
(in millions)	2017		2016
Lease termination settlement	$	5.3	$	—
Merger and acquisition expense	—		5.8
Restructuring expense	—		6.4
Other expense (income)	0.5		(0.5		)
Other expense, net	$	5.8	$	11.7

During the first quarter of 2017, the Company recorded a loss of $5.3 million related to the termination of a long term property lease for a manufacturing facility located in Europe.

During the first quarter of 2016, the Company incurred transition and realignment expenses and other professional fees of $5.8 million associated with the November 2015 acquisition of Remy International, Inc. ("Remy").

During the first quarter of 2016, the Company recorded restructuring expense of $6.4 million. This expense related to Drivetrain and Engine segment actions designed to improve future profitability and competitiveness. See the Restructuring footnote to the Condensed Consolidated Financial Statements for further discussion of these expenses.