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Other Income and Expense (Tables)

9 Months Ended

Dec. 31, 2024

Other Income and Expense

Other Income and Expense

Other income and expense consisted of the following:

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Three months ended December 31,

Nine months ended December 31,

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2024

2023

2024

2023

Interest income

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$

0.5

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$

1.4

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$

2.0

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$

3.1

Foreign currency transactions (a)

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1.8

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(1.1)

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0.8

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(1.6)

Net periodic benefit cost (b)

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(1.2)

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(0.8)

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(3.5)

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(2.5)

Total other income (expense) – net

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$

1.1

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$

(0.5)

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$

(0.7)

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$

(1.0)

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(a) Foreign currency transactions primarily consist of foreign currency transaction gains and losses on the re-measurement or settlement of foreign currency-denominated assets and liabilities, including intercompany loans and transactions denominated in a foreign currency, along with gains and losses on certain foreign currency exchange contracts.

(b) Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.

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- References

No definition available.

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- Definition

Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

+ References

No definition available.

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