Annual report pursuant to Section 13 and 15(d)

Other Income (Expense), Net

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Other Income (Expense), Net
12 Months Ended
Dec. 31, 2022
Other Income And Expenses [Abstract]  
Other Income (Expense), Net

14.

Other Income (Expense), Net

Other income (expense), net was income of $76.6 million, income of $124.0 million, and expense of $33.6 million for the years ended December 31, 2022, 2021 and 2020, respectively. In 2022 and 2021, the income was primarily due to gains on derivatives not designated as hedges and gains from foreign currency remeasurements. In 2020, the expense was primarily due to losses from foreign currency remeasurements and fuel hedges recognized in earnings as a result of the forecasted transactions no longer being probable or that are no longer designated as hedges.