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Other Income, Net | 6 Months Ended
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Jun. 30, 2020
Other Income And Expenses [Abstract] |
Other Income, Net | Note 11—Other income, net:
| Six months ended |
| June 30, |
| 2019 |  |  | 2020 |
| (In millions) |
Securities earnings: |  |  |  |  |  |  |
Dividends and interest | $ | 6.1 |  |  | $ | 2.9 |
Securities transactions, net |  | .3 |  |  |  | (.3 | )
Total |  | 6.4 |  |  |  | 2.6 |
Currency transactions, net |  | (.2 | ) |  |  | 6.1 |
Insurance recoveries |  | 5.0 |  |  |  | 1.6 |
Infrastructure reimbursement |  | 9.1 |  |  |  | 19.1 |
Gain on land sales |  | .7 |  |  |  | .5 |
Other, net |  | 1.0 |  |  |  | 1.4 |
Total | $ | 22.0 |  |  | $ | 31.3 |
Insurance recoveries reflect, in part, amounts NL received from certain of its former insurance carriers and relate to the recovery of prior lead pigment and asbestos litigation defense costs incurred by NL. See Note 15. In the first quarter of 2020, Kronos recognized a $1.5 million gain related to an insurance settlement for a property damage claim. Infrastructure reimbursement– As disclosed in Note 7 to our 2019 Annual Report, under an Owner Participation Agreement (“OPA”) entered into by LandWell with the Redevelopment Agency of the City of Henderson, Nevada, as LandWell develops certain real property for commercial and residential purposes in its master planned community in Henderson, Nevada, the cost of certain public infrastructure may be reimbursed to LandWell through tax increment. During the first six months of 2019, we received approval for additional tax increment reimbursement of $8.8 million (primarily in the second quarter) and during the first six months of 2020 we received $19.1 million (all in the first quarter), which was recognized as other income and is evidenced by a promissory note issued to LandWell by the City of Henderson.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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