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Other-Net, (Income) Expense
12 Months Ended
Dec. 31, 2024
Nonoperating Income (Expense) [Abstract]  
Other-Net, (Income) Expense Other–Net, (Income) Expense
Other–net, (income) expense consisted of the following:
202420232022
Interest expense$780.6 $485.9 $331.6 
Interest income(175.2)(173.6)(62.8)
Net investment losses on equity securities (Note 7)49.5 20.2 410.7 
Retirement benefit plans(461.7)(461.9)(372.9)
Other (income) expense25.4 32.7 14.3 
Other–net, (income) expense$218.6 $(96.7)$320.9