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PROPERTY, PLANT & EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2022
PROPERTY, PLANT & EQUIPMENT [Abstract]  
Property, Plant and Equipment

in millions

2022

2021

Property, Plant & Equipment

Land and land improvements 1

$       3,991.1 

$      3,631.7 

Buildings

223.3 

182.9 

Machinery and equipment

6,454.2 

6,109.2 

Finance leases (see Note 7)

93.2 

36.3 

Deferred asset retirement costs

165.9 

182.5 

Construction in progress

378.7 

301.8 

Total, gross

$     11,306.4 

$    10,444.4 

Less allowances for depreciation, depletion

and amortization

5,255.1 

4,897.6 

Total, net

$       6,051.3 

$      5,546.8 

1

Includes depletable land as follows: December 31, 2022 — $2,445.6 million and December 31, 2021 — $2,238.4 million.

Capitalized Interest Costs and Total Interest Costs Incurred

in millions

2022

2021

2020

Capitalized interest cost

$             3.6 

$            4.2 

$            3.5 

Total interest cost incurred before recognition

of the capitalized amount

172.8 

153.5 

139.5