PROPERTY, PLANT & EQUIPMENT

12 Months Ended

Dec. 31, 2014

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	2014	2013
Property, Plant & Equipment
Land and land improvements 1	$ 2,273,874	$ 2,295,087
Buildings	126,833	149,982
Machinery and equipment	3,952,423	4,248,100
Leaseholds	13,451	11,692
Deferred asset retirement costs	163,644	151,973
Construction in progress	78,617	76,768
Total, gross	$ 6,608,842	$ 6,933,602
Less allowances for depreciation, depletion
and amortization	3,537,212	3,621,585
Total, net	$ 3,071,630	$ 3,312,017

Includes depletable land, as follows: December 31, 2014 — $1,287,225 thousand and

December 31, 2013 — $1,258,982 thousand.

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	2014	2013	2012
Capitalized interest cost	$ 2,092	$ 1,089	$ 2,716
Total interest cost incurred before recognition
of the capitalized amount	245,459	203,677	215,783

- 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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