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Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property, Plant and Equipment

The components of the Company's property, plant and equipment at September 30, 2014 and December 31, 2013, were as follows:

 
September 30,
2014
 
December 31,
2013
Land
$
148.2

 
$
145.8

Buildings
963.1

 
937.8

Machinery and equipment
3,625.4

 
3,509.9

Other(1)
222.1

 
213.1

Construction in progress
56.3

 
32.6

 
5,015.1

 
4,839.2

Less: accumulated depreciation
(3,093.7
)
 
(2,913.7
)
Total
$
1,921.4

 
$
1,925.5

______________________________
(1)
Other consists of computer equipment, vehicles, furniture and fixtures, leasehold improvements and communication related equipment.

Property, plant, and equipment increased $70.8 million during the nine months ended September 30, 2014, related to the Brown Printing acquisition (see Note 2, "Acquisitions and Strategic Investments").

The Company recorded impairment charges of $3.1 million and $6.2 million for the three and nine months ended September 30, 2014, respectively, and $8.8 million and $18.5 million for the three and nine months ended September 30, 2013, respectively, to reduce the carrying amounts of certain land, buildings and machinery and equipment no longer being utilized in production to fair value (see Note 3, "Restructuring, Impairment and Transaction-Related Charges" for further discussion on impairment charges).

The Company recognized depreciation expense of $64.4 million and $195.4 million for the three and nine months ended September 30, 2014, respectively, and $64.5 million and $206.1 million for the three and nine months ended September 30, 2013, respectively.

Assets Held for Sale

Certain closed facilities are considered held for sale. The net book value of the assets held for sale was $5.0 million and $5.6 million as of September 30, 2014 and December 31, 2013, respectively. These assets were valued at their fair value, less the estimated costs to sell. The fair values were determined by the Company to be Level 3 under the fair value hierarchy (see Note 12, "Financial Instruments and Fair Value Measurements," for the definition of Level 3 inputs) and were estimated based on broker quotes and internal expertise related to current marketplace conditions. Assets held for sale are included in prepaid expenses and other current assets in the condensed consolidated balance sheets.