Quarterly report pursuant to Section 13 or 15(d)

Other Income (Expense), Net

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Other Income (Expense), Net
6 Months Ended
Jun. 30, 2021
Other Income And Expenses [Abstract]  
Other Income (Expense), Net

10.   Other Income (Expense), Net

For the three and six months ended June 30, 2021, other income (expense), net consisted of income of $25.5 million and $52.7 million, respectively, primarily due to gains on fuel swaps not designated as hedges. For the three months ended June 30, 2020, other income (expense), net consisted of an expense of $14.4 million primarily due to losses from foreign currency exchange and losses on fuel hedges released into earnings as a result of the forecasted transactions no longer being probable. For the six months ended June 30, 2020, other income (expense), net consisted of expense of $8.6 million primarily due to losses on fuel hedges released into earnings as a result of the forecasted transactions no longer being probable offset by gains from foreign currency exchange.