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Other Expense, net (Tables)
12 Months Ended
Dec. 31, 2017
Other Expense, net  
Schedule of significant components of other expense, net

 

 

 

 

 

 

 

 

 

 

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