DENTSPLY INTERNATIONAL INC /DE/ | 2013 | FY | 3


OTHER EXPENSE (INCOME), NET

Other expense (income), net, consists of the following:
 
December 31,
(in thousands)
2013
 
2012
 
2011
 
 
 
 
 
 
Foreign exchange transaction losses
$
8,982

 
$
2,679

 
$
1,713

Other (income) expense, net
(653
)
 
490

 
7,327

  Total other expense (income), net
$
8,329

 
$
3,169

 
$
9,040


Foreign exchange transaction losses for the year ending December 31, 2013 and 2012, included approximately $6.9 million of interest and fair value adjustments and $1.3 million of interest on non-designated hedges, respectively. Other expense (income), net in the 2011 period included approximately $2.9 million of interest rate swap terminations, $3.8 million of Treasury rate lock ineffectiveness, and $0.6 million of other non-operating expenses.

us-gaap:OtherIncomeAndOtherExpenseDisclosureTextBlock