Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property Plant And Equipment [Abstract]

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment at December 31 were:

	2014			2013

Buildings and leasehold improvements	$	124,920		$	107,342
Machinery and equipment		577,402			549,971
		702,322			657,313

Less: Accumulated depreciation and amortization		(437,792	)		(386,455	)
		264,530			270,858

Construction in-progress		26,202			34,922
Land		19,199			16,233
	$	309,931		$	322,013

Depreciation and amortization of property, plant and equipment was $69 million, $66 million and $59 million for the years ended December 31, 2014, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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