Other expense, net includes non-income related taxes, foreign exchange gains and losses, gains and losses related to certain derivative instruments and hedging activities, losses on the extinguishment of debt, gains and losses on the disposal of fixed assets, gains and losses on the consolidation and deconsolidation of affiliates, the non-service cost components of net periodic benefit cost and other miscellaneous income and expense.

	Three Months Ended						Nine Months Ended
	October 3, 2020			September 28, 2019			October 3, 2020			September 28, 2019
Other expense	$	20.3		$	13.7		$	61.2		$	41.7
Other income		(3.2	)		(4.0	)		(6.8	)		(13.8	)
Other expense, net	$	17.1		$	9.7		$	54.4		$	27.9

In the three months and nine months ended October 3, 2020, other expense includes net foreign currency transaction losses of $5.5 million and $22.2 million, respectively, and a pension settlement loss of $10.2 million (Note 10, "Pension and Other Postretirement Benefit Plans"). In the nine months ended October 3, 2020, other expense also includes a loss of $21.1 million on the extinguishment of debt (Note 8, "Debt").

In the three and nine months ended September 28, 2019, other expense includes net foreign currency transaction losses of $9.3 million and $16.5 million, respectively, and other income includes a gain of $4.0 million related to the deconsolidation of an affiliate (Note 6, "Long-Term Assets"). In the nine months ended September 28, 2019, other expense also includes a loss of $10.6 million on the extinguishment of debt.