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Other (expense), net (Tables)
9 Months Ended
Sep. 30, 2023
Other Income and Expenses [Abstract]  
Schedule of Other (Expense) Net
Other (expense), net is comprised of the following:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023202220232022
Postretirement expense*$(9.9)$(10.9)$(213.0)$(32.5)
Foreign exchange gains (losses)**1.6 (5.9)2.1 (6.3)
Environmental costs and other, net***4.7 (6.5)(6.3)(27.4)
Total other (expense), net$(3.6)$(23.3)$(217.2)$(66.2)
*Includes $183.2 million in the nine months ended September 30, 2023, of a settlement loss related to one of the company’s U.S. defined benefit pension plans. See Note 3.
**Includes net foreign exchange losses of $0.5 million and $1.9 million, respectively, in the three months ended September 30, 2023 and 2022, related to substantial completion of liquidation of foreign subsidiaries. Includes net foreign currency gains of $2.9 million and net foreign currency losses of $4.8 million, respectively, in the nine months ended September 30, 2023 and 2022, related to substantial completion of liquidation of foreign subsidiaries.
***Environmental costs relate to previously disposed businesses.