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PROPERTY, PLANT & EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2023
PROPERTY, PLANT & EQUIPMENT [Abstract]  
Property, Plant and Equipment

in millions

2023

2022

Property, Plant & Equipment

Land and land improvements 1

$       4,292.6 

$      3,991.1 

Buildings

204.4 

223.3 

Machinery and equipment

6,785.5 

6,454.2 

Finance leases (see Note 7)

62.3 

93.2 

Deferred asset retirement costs

171.3 

165.9 

Construction in progress

319.4 

378.7 

Total, gross

$     11,835.5 

$    11,306.4 

Less allowances for depreciation, depletion

and amortization

5,617.8 

5,255.1 

Total, net

$       6,217.7 

$      6,051.3 

1

Includes depletable land as follows: December 31, 2023 — $2,684.4 million and December 31, 2022 — $2,445.6 million.

Capitalized Interest Costs and Total Interest Costs Incurred

in millions

2023

2022

2021

Capitalized interest cost

$             3.7 

$            3.6 

$            4.2 

Total interest cost incurred before recognition

of the capitalized amount

199.8 

172.8 

153.5