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Other Expense (Income), net (Tables)
12 Months Ended
Dec. 31, 2020
Other Expense (Income), net.  
Schedule of significant components of other expense (income), net

Year Ended December 31,

2020

    

2019

    

2018

(in millions)

Investment income from life insurance policies

$

(79.3)

$

(74.3)

$

(67.4)

Interest expense on life insurance policy loans

79.4

73.9

70.1

Life insurance policy cost of insurance

13.4

12.8

12.1

Income from life insurance policy redemptions

(4.6)

(7.8)

(10.3)

Foreign currency transaction losses (gains)

2.3

4.1

(0.6)

Net periodic benefit cost — settlement loss

19.4

Net periodic benefit cost — components other than service cost and settlement loss

2.8

2.3

2.1

All other, net

(8.7)

(11.8)

(5.3)

$

24.7

$

(0.8)

$

0.7