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Property, Plant And Equipment
9 Months Ended
Sep. 30, 2011
Property, Plant And Equipment [Abstract] 
Property, Plant And Equipment

4. Property, Plant and Equipment

 

                 
     September 30,
2011
    December 31,
2010
 

Land

   $ 111.4      $ 111.4   

Buildings

     1,183.4        1,197.9   

Machinery and equipment

     6,078.9        6,098.8   
    

 

 

   

 

 

 

Property, plant and equipment—gross cost

     7,373.7        7,408.1   

Less: Accumulated depreciation

     (5,443.6     (5,269.4
    

 

 

   

 

 

 

Total

   $ 1,930.1      $ 2,138.7   
    

 

 

   

 

 

 

During the three and nine months ended September 30, 2011, depreciation expense was $103.8 million and $316.1 million, respectively. During the three and nine months ended September 30, 2010, depreciation expense was $102.1 million and $318.6 million, respectively.

Assets Held for Sale

Primarily as a result of restructuring actions, certain facilities and equipment are considered held for sale. The net book value of assets held for sale was $15.4 million at September 30, 2011 and $6.5 million at December 31, 2010. These assets were included in other current assets in the Condensed Consolidated Balance Sheets at September 30, 2011 and December 31, 2010 at the lower of their historical net book value or their estimated fair value, less estimated costs to sell.