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Property, Plant and Equipment
 9 Months Ended
Sep. 30, 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 September 30, 2016 and December 31, 2015 were as follows:

 

 

 

September 30,

 

 

December 31,

 

 

 

2016

 

 

2015

 

Land

 

$

111.4

 

 

$

113.6

 

Buildings

 

 

1,215.2

 

 

 

1,224.7

 

Machinery and equipment

 

 

6,148.1

 

 

 

6,160.3

 

 

 

 

7,474.7

 

 

 

7,498.6

 

Less: Accumulated depreciation

 

 

(6,132.4

)

 

 

(6,050.5

)

Total

 

$

1,342.3

 

 

$

1,448.1

 

 

  

During the three and nine months ended September 30, 2016, depreciation expense was $74.9 million and $230.6 million, respectively. During the three and nine months ended September 30, 2015, depreciation expense was $84.3 million and $249.7 million, respectively.