Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment:

Components of Property, plant and equipment, net were as follows (in millions):



	As of December 31,
	2014			2013
Land	$	38.3		$	39.5
Buildings and improvements	215.0			202.5
Machinery and equipment	681.8			634.0
Capital leases	27.0			25.2
Construction in progress and equipment not yet in service	50.6			51.6
Total	1,012.7			952.8
Less accumulated depreciation	(654.1		)	(617.3		)
Property, plant and equipment, net	$	358.6		$	335.5

No impairment charges were recorded in 2014, 2013 or 2012.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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