Property and Equipment, Net

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

The following table, which may contain summation differences due to rounding, provides details of property and equipment, net, including property and equipment held under capital leases, as of the dates indicated (in millions):



	March 31, 2013			December 31, 2012
Land	$	4.8		$	4.8
Buildings and leasehold improvements	15.5			15.4
Machinery and equipment	565.3			518.3
Office furniture and equipment	100.5			92.8
Total property and equipment	$	686.2		$	631.3
Less accumulated depreciation and amortization	(303.0		)	(280.9		)
Property and equipment, net	$	383.2		$	350.4

Depreciation and amortization expense associated with property and equipment of the Company's continuing operations businesses for the three month periods ended March 31, 2013 and 2012 was $27.6 million and $17.9 million, respectively. See Note 4 - Discontinued Operations for information pertaining to property and equipment of discontinued operations.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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