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Other Expense (Income), net (Details) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | $ 14.2 | $ 3.1 | $ 24.7
Investment income from life insurance policies |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | (85.2) | (84.6) | (79.3)
Interest expense on life insurance policy loans |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | 91.6 | 85.5 | 79.4
Life insurance policy cost of insurance |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | 15.7 | 14.4 | 13.4
Income from life insurance policy redemptions |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | (6.6) | (6.2) | (4.6)
Foreign currency transaction (losses) gains |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | 6.2 | 4.0 | 2.3
Net periodic benefit cost - settlement loss |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | 2.3 |  | 19.4
Net periodic benefit cost - components other than service cost and settlement loss |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | (0.4) | 1.7 | 2.8
Loss (income) on deferred compensation plan assets |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | 6.9 | (4.1) | (4.3)
Interest income |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | (9.3) | (1.1) | (0.9)
All other, net |  |  |
Significant components of Other (Income) Expense, net |  |  |
Other expense, net | $ (7.0) | $ (6.5) | $ (3.5)

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- Definition Amount of income (expense) related to nonoperating activities, classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.9) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 + Details
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