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Other Income/(Expense), Net
 3 Months Ended
Mar. 31, 2025
Other Net [Abstract]  
Other, Net Other Income/(Expense), Net
The components of Other income/(expense), net for the three months ended March 31 were as follows:
Three months ended
In millions20252024
Interest income$3.3 $3.7 
Foreign currency exchange loss(2.0)(13.9)
Other components of net periodic benefit credit/(cost)(4.9)(2.7)
Other activity, net
(4.3)(12.1)
Other income/(expense), net$(7.9)$(25.0)
Other income/(expense), net includes the results from activities other than core business operations such as interest income and foreign currency gains and losses on transactions that are denominated in a currency other than an entity's functional currency. In addition, the Company includes the components of net periodic benefit credit/(cost) for pension and postretirement obligations other than the service cost component. Other activity, net includes items associated with legacy legal matters, such as asbestos-related activities related to Murray Boiler LLC (Murray). Refer to Note 18, "Commitments and Contingencies" for more information regarding asbestos-related matters.