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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT

The following is a summary of property, plant and equipment, at cost less accumulated depreciation and amortization as of December 31:
 
Estimated Useful Life
(years)
 
2018
 
2017
Land and land improvements
(1) 
 
$
15.6

 
$
16.0

Buildings and building improvements
15-30
 
122.2

 
112.9

Machinery, tools and equipment
 5-12
 
99.6

 
108.2

Leasehold improvements (2)
10
 
26.9

 
28.3

Computer equipment
3
 
174.5

 
153.8

Computer software
 5-10
 
142.9

 
146.6

Furniture and fixtures
 5-8
 
70.3

 
73.4

Tooling
 3-5
 
140.9

 
136.4

Construction in progress
 
 
5.3

 
7.7

Total property plant and equipment, at cost
 
 
$
798.2

 
$
783.3

Less accumulated depreciation and amortization
 
 
494.1

 
418.8

Total property plant and equipment, net
 
 
$
304.1

 
$
364.5

(1) 
Estimated useful life for land and land improvements is perpetual and 15 years, respectively.
(2) 
The estimated useful life for leasehold improvements is the lesser of 10 years or the term of the lease.

During 2018, 2017 and 2016, depreciation expense, computed on a straight-line basis over the estimated useful lives of the related assets, was $105.3, $92.9 and $61.8, respectively. The increase in computer equipment reflects the Company's investment in its IT infrastructure.