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Other Income (Expense), Net
3 Months Ended
Apr. 03, 2022
Other Income and Expenses [Abstract]  
Other Income (Expense), Net Other Income (Expense), Net 
Included in other income (expense), net for the first quarter 2022 and 2021 are the following:
 First Quarter
20222021
(In millions of dollars)
Interest income$0.1 $0.1 
Interest expense(0.6)(0.6)
Foreign exchange gains (losses)4.7 (0.2)
Other(1.4)(2.7)
Other income (expense), net$2.8 $(3.4)
Included in foreign exchange gains (losses) for the first quarter of 2022 is a $5.5 million foreign exchange gain on a U.S. dollar-denominated cash balance held by the Company's Japan entity (see Investment in Persol Holdings footnote). Included in Other for the first quarter of 2021 is a loss from the sale of the assets related to our minority investment in Kenzie Academy (see Fair Value Measurements footnote) and transaction-related expenses from the April 2021 acquisition of Softworld (see Acquisitions footnote).