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Other Expense, net
12 Months Ended
Dec. 31, 2017
Other Expense, net  
Other Expense, net

 

Note 13. Other Expense, net

 

Significant components of Other expense, net are as follows:

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2017

    

2016

    

2015

 

(in millions)

Investment income from life insurance policies

$

(66.4)

 

$

(60.8)

 

$

(55.3)

Interest expense on life insurance policy loans

 

66.5

 

 

62.1

 

 

57.4

Life insurance policy cost of insurance

 

11.5

 

 

10.9

 

 

10.1

Income from life insurance policy redemptions

 

(8.5)

 

 

(4.4)

 

 

(4.2)

Foreign currency transaction losses (gains)

 

4.9

 

 

(1.8)

 

 

 —

Net periodic benefit cost — components other than service cost

 

6.9

 

 

5.2

 

 

3.2

All other, net

 

(10.2)

 

 

(7.2)

 

 

(4.4)

 

$

4.7

 

$

4.0

 

$

6.8