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Other (Income) Expense, net (Tables)
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
Schedule of Other (Income) Expense, Net

The following table provides the components of other (income) expense, net for the years ended December 31, 2024, 2023 and 2022:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Pension and postretirement non-service benefit (income) loss

 

$

(5.7

)

 

$

(4.6

)

 

$

(20.3

)

Loss (gain) from remeasurement of benefit plans

 

 

10.3

 

 

 

40.6

 

 

 

(35.4

)

Foreign currency exchange loss (gain)

 

 

0.4

 

 

 

 

 

 

(0.2

)

Insurance recoveries

 

 

 

 

 

(31.3

)

 

 

(34.5

)

Sales and use tax refund

 

 

 

 

 

(1.4

)

 

 

 

Miscellaneous (income) expense

 

 

 

 

 

0.4

 

 

 

(0.2

)

Total other (income) expense, net

 

$

5.0

 

 

$

3.7

 

 

$

(90.6

)

Schedule of Insurance Recovery Activity Insurance recovery activity for the years ended December 31, 2024, 2023 and 2022 were as follows:

 

 

 

Year Ended December 31,

 

 

 

 

 

 

2024

 

 

2023

 

 

2022

 

 

Total

 

Insurance recovery income

 

$

 

 

$

31.3

 

 

$

34.5

 

 

$

65.8

 

Insurance recovery cash collection

 

 

20.0

 

 

 

31.3

 

 

 

14.5

 

 

 

65.8