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Property and Equipment, net
3 Months Ended
Mar. 31, 2015
Property Plant And Equipment [Abstract]  
Property and Equipment, net

Note 6 Property and Equipment, net

The following table details our property and equipment.

 

 

 

March 31,

 

 

December 31,

 

(In millions)

 

2015

 

 

2014

 

Land and improvements

 

$

98.8

 

 

$

80.9

 

Buildings

 

 

612.1

 

 

 

666.7

 

Machinery and equipment

 

 

2,167.0

 

 

 

2,238.2

 

Other property and equipment

 

 

123.5

 

 

 

140.9

 

Construction-in-progress

 

 

102.7

 

 

 

115.7

 

Property and equipment, gross

 

 

3,104.1

 

 

 

3,242.4

 

Accumulated depreciation and amortization

 

 

(2,190.4

)

 

 

(2,271.8

)

Property and equipment, net(1)

 

$

913.7

 

 

$

970.6

 

 

(1)

Excludes North American foam trays and absorbent pads business property and equipment, net. Refer to Note 3, “Divestiture” of the notes to condensed consolidated financial statements for further details.

 

The following table details our interest cost capitalized and depreciation and amortization expense for property and equipment.

 

 

 

Three Months Ended

 

 

 

March 31,

 

(In millions)

 

2015

 

 

2014

 

Interest cost capitalized

 

$

1.0

 

 

$

1.3

 

Depreciation and amortization expense for property and equipment

 

$

32.2

 

 

$

37.1