PROPERTY, PLANT & EQUIPMENT

12 Months Ended

Dec. 31, 2013

PROPERTY, PLANT & EQUIPMENT [Abstract]

NOTE 4: PROPERTY, PLANT & EQUIPMENT

Balances of major classes of assets and allowances for depreciation, depletion and amortization at December 31 are as follows:



in thousands	2013	2012
Property, Plant & Equipment
Land and land improvements	$ 2,295,087	$ 2,120,999
Buildings	149,982	149,575
Machinery and equipment	4,248,100	4,195,165
Leaseholds	11,692	10,546
Deferred asset retirement costs	151,973	129,397
Construction in progress	76,768	60,935
Total, gross	$ 6,933,602	$ 6,666,617
Less allowances for depreciation, depletion
and amortization	3,621,585	3,507,432
Total, net	$ 3,312,017	$ 3,159,185

Capitalized interest costs with respect to qualifying construction projects and total interest costs incurred before recognition of the capitalized amount for the years ended December 31 are as follows:



in thousands	2013	2012	2011
Capitalized interest cost	$ 1,089	$ 2,716	$ 2,675
Total interest cost incurred before recognition
of the capitalized amount	203,677	215,783	223,303

- 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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