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Supplemental Financial Statement Information
12 Months Ended
Dec. 31, 2015
Additional Financial Information Disclosure [Abstract]  
Supplemental Financial Statement Information
Supplemental Financial Statement Information
Cash and cash equivalents at December 31, 2015 and 2014 were as follows:
(In millions)
 
2015
 
2014
Cash
 
$
149.3

 
$
267.7

Other short-term investments
 
0.5

 
1.8

Total cash and cash equivalents
 
$
149.8

 
$
269.5


Accounts receivable are presented net of a reserve for doubtful accounts of $4.5 million at December 31, 2015, and $4.8 million at December 31, 2014. During 2015, the Company recognized expense of $1.1 million to increase the reserve for doubtful accounts and wrote off $1.4 million of uncollectible accounts, which decreased the reserve. During 2014, the Company recognized expense of $0.5 million to increase the reserve for doubtful accounts and wrote off $1.0 million of uncollectible accounts, which decreased the reserve. During 2013, the Company recognized expense of $1.1 million to increase the reserve for doubtful accounts and wrote off $0.8 million of uncollectible accounts, which decreased the reserve. Additionally, the reserve for doubtful accounts in 2013 decreased $0.5 million as a result of the sale of the tungsten materials business.
Accrued liabilities included salaries, wages and other payroll-related liabilities of $50.9 million and $77.3 million at December 31, 2015 and 2014, respectively.
Other income (expense) from continuing operations for the years ended December 31, 2015, 2014, and 2013 was as follows:
(In millions)
 
2015
 
2014
 
2013
Rent and royalty income
 
$
2.0

 
$
4.0

 
$
0.9

Net gains (losses) on property and investments
 

 
0.1

 
0.7

Other
 
(0.4
)
 

 
0.1

Total other income, net
 
$
1.6

 
$
4.1

 
$
1.7