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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2016
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

4. Property, Plant and Equipment

The components of the Company’s property, plant and equipment at March 31, 2016 and December 31, 2015 were as follows:

 

 

March 31,

 

 

December 31,

 

 

2016

 

 

2015

 

Land

$

112.5

 

 

$

113.6

 

Buildings

 

1,221.7

 

 

 

1,224.7

 

Machinery and equipment

 

6,158.6

 

 

 

6,160.3

 

 

 

7,492.8

 

 

 

7,498.6

 

Less: Accumulated depreciation

 

(6,080.4

)

 

 

(6,050.5

)

Total

$

1,412.4

 

 

$

1,448.1

 

  

During the three months ended March 31, 2016 and 2015, depreciation expense was $78.3 million and $82.9 million, respectively.