Note 4. Other Expense, Net
The components of other expense, net, in the accompanying statement of income are as follows:
| (In millions) | 2013 | 2012 | 2011 | ||||||||
| Interest Income | $ | 28.0 | $ | 25.2 | $ | 26.8 | |||||
| Interest Expense | (262.1) | (241.6) | (175.3) | ||||||||
| Other Items, Net | (56.0) | 3.7 | 30.5 | ||||||||
| $ | (290.1) | $ | (212.7) | $ | (118.0) | ||||||
Other Items, Net
In 2013, other items, net includes $74 million of charges related to amortization of fees paid to obtain bridge financing commitments related to the Life Technologies Acquisition offset in part by $5 million of gains from sales of equity investments. Additionally, the company irrevocably contributed appreciated available-for-sale investments that had a fair value of $27 million to two of its U.K. defined benefit plans, resulting in realization of a previously unrecognized gain of $11 million.
In 2011, other items, net includes $28 million of gains on currency exchange contracts associated with the acquisition of Phadia and an $18 million gain on the sale of an equity investment accounted for under the cost method, offset in part by $10 million of fees associated with a short-term financing commitment to fund the Phadia acquisition.