Property, Plant and Equipment

9 Months Ended

Sep. 30, 2012

4.	Property, Plant and Equipment

Property, Plant and Equipment (“PP&E”) consist of the following:


(In millions)	September 30, 2012		December 31, 2011
Land	$	25.7	$	25.6
Buildings and improvements		225.5		224.5
Machinery and equipment		526.1		479.4
Office equipment and other assets		47.3		32.0
Software		94.9		91.4
Construction in progress		63.3		57.6

Gross Property, Plant and Equipment		982.8		910.5
Less accumulated depreciation and amortization		440.4		404.5

Net Property, Plant and Equipment	$	542.4	$	506.0


	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
(In millions)	2012		2011		2012		2011
Depreciation and amortization on PP&E	$	13.7	$	12.7	$	40.2	$	38.3

Interest charges capitalized (in construction in progress)	$	0.4	$	0.5	$	1.0	$	1.2

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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