Annual report pursuant to Section 13 and 15(d)

Other Operating (Income) Expenses, Net

v3.23.1
Other Operating (Income) Expenses, Net
 12 Months Ended
Dec. 31, 2022
Other Income and Expenses [Abstract]  
Other Operating (Income) Expenses, Net

9. OTHER OPERATING (INCOME) EXPENSES, NET

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Loss on disposal of assets, net

 

$

2.1

 

 

$

9.8

 

 

$

8.4

 

Accruals for legal contingencies

 

 

11.3

 

 

 

-

 

 

 

-

 

Provision for credit losses, net of recoveries

 

 

1.9

 

 

 

(1.2

)

 

 

2.8

 

Loss on foreign currency transactions

 

 

-

 

 

 

0.2

 

 

 

-

 

Reorganization costs

 

 

-

 

 

 

2.1

 

 

 

-

 

Severance charges

 

 

-

 

 

 

0.5

 

 

 

-

 

Supply commitment charges

 

 

-

 

 

 

-

 

 

 

5.6

 

Total

 

$

15.3

 

 

$

11.4

 

 

$

16.8

 

 

Loss on disposal of assets, net consists of gains or losses on excess property, early equipment failures, and other asset dispositions.

Accruals for legal contingencies represent estimates for significant loss contingencies with regards to certain vendor disputes and litigation matters. See “Note 13 - Commitments and Contingencies” for discussion of significant litigation matters.