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Property and Equipment, net (Tables)
9 Months Ended
Sep. 30, 2016
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment, Net

The following table details our property and equipment, net:

 

 

 

September 30,

 

 

December 31,

 

(In millions)

 

2016

 

 

2015(1)

 

Land and improvements

 

$

86.1

 

 

$

86.7

 

Buildings

 

 

614.8

 

 

 

606.2

 

Machinery and equipment

 

 

2,181.4

 

 

 

2,141.3

 

Other property and equipment

 

 

144.4

 

 

 

139.9

 

Construction-in-progress

 

 

298.0

 

 

 

190.7

 

Property and equipment, gross

 

 

3,324.7

 

 

 

3,164.8

 

Accumulated depreciation and amortization(2)

 

 

(2,291.2

)

 

 

(2,219.1

)

Property and equipment, net

 

$

1,033.5

 

 

$

945.7

 

 

(1)

Amounts related to asset retirement obligations were recorded as of December 31, 2015. This resulted in an increase to property and equipment, net and other non-current liabilities of $15.0 million.

(2)

As of September 30, 2016 this amount includes $0.5 million related to the accelerated depreciation and amortization of fixed assets related to ceasing operations in Venezuela. Refer to Note 1 of the Condensed Consolidated Statement of Operations for further details.

Interest Cost Capitalized And Depreciation And Amortization Expense For Property And Equipment

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

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In millions)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Interest cost capitalized

 

$

3.2

 

 

$

1.0

 

 

$

7.1

 

 

$

4.0

 

Depreciation and amortization expense for property and

   equipment

 

$

31.1

 

 

$

31.0

 

 

$

88.8

 

 

$

94.6