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Other Income (Expense), Net (Tables)
6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Other Income (Expense), Net

The following table presents the components of Other income (expense), net (in millions of dollars):

 

 

 

Quarter Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Interest income

 

$

0.2

 

 

$

1.2

 

 

$

0.4

 

 

$

2.1

 

Net periodic postretirement and postemployment benefit cost

 

 

(1.4

)

 

 

(1.5

)

 

 

(2.6

)

 

 

(1.8

)

Unrealized gain on equity securities

 

 

0.2

 

 

 

0.1

 

 

 

0.1

 

 

 

0.3

 

Loss on disposition of property, plant and equipment

 

 

 

 

 

(0.3

)

 

 

 

 

 

(0.5

)

Gain on business interruption insurance recoveries1

 

 

5.0

 

 

 

 

 

 

5.0

 

 

 

10.5

 

All other, net

 

 

0.4

 

 

 

 

 

 

0.1

 

 

 

(0.2

)

Other income (expense), net

 

$

4.4

 

 

$

(0.5

)

 

$

3.0

 

 

$

10.4

 

 

1.
Represents advances against business interruption insurance claims. We recognize such advances in the period in which the insurance proceeds are received or become realizable. During the six months ended June 30, 2025 and June 30, 2024, we received net cash proceeds of $5.0 million and $10.5 million, respectively.