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Property, Plant and Equipment Property, Plant and Equipment (Tables)
 9 Months Ended
Sep. 30, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
A summary of changes in property, plant and equipment follows (in millions):
 
Predecessor
 
 
Successor
 
December 31,
2013
 
Capital Expenditures (Depreciation)
 
Retirements
 
Fresh Start Adjustments
 
 
September 30,
2014
Leasehold improvements
$
141.1

 
$
—

 
$
(138.4
)
 
$
(2.7
)
 
 
$
—

Machinery and equipment
164.0

 
—

 
(118.6
)
 
(41.7
)
 
 
3.7

 
305.1

 
—

 
(257.0
)
 
(44.4
)
 
 
3.7

Accumulated depreciation and amortization
(297.2
)
 
(4.0
)
 
256.8

 
44.4

 
 
—

 
$
7.9

 
$
(4.0
)
 
$
(0.2
)
 
$
—

 
 
$
3.7



In connection with the application of fresh start accounting, the gross property, plant and equipment value is adjusted to the net carrying value, and therefore accumulated depreciation and amortization is eliminated as of the Effective Date.

During 2014, the Company entered into a commission sales agreement with a third-party auctioneer to assist in Paducah GDP asset disposals. Paducah related auctions held during the second and third quarters of 2014 as well as direct sales at Paducah and other sites of $8.9 million are included in other income less asset retirements and related sales expense. Cash proceeds totaled $8.4 million. Additional sales of assets and property are planned.