Property, Plant and Equipment ("PP&E")

9 Months Ended

Sep. 30, 2013

4.	Property, Plant and Equipment (“PP&E”)

PP&E consist of the following:


(In millions)	September 30, 2013		December 31, 2012
Land	$	26.0	$	26.0
Buildings and improvements		281.3		276.8
Machinery and equipment		582.7		562.7
Software		80.9		80.6
Office equipment and other assets		55.4		55.1
Construction in progress		24.6		21.0

Gross Property, Plant and Equipment		1,050.9		1,022.2
Less accumulated depreciation and amortization		474.9		436.2

Net Property, Plant and Equipment	$	576.0	$	586.0


	Three Months Ended				Nine Months Ended
(In millions)	September 30, 2013		September 30, 2012		September 30, 2013		September 30, 2012
Depreciation and amortization on PP&E	$	14.1	$	13.7	$	44.9	$	40.2

Interest charges capitalized (in construction in progress)	$	0.1	$	0.4	$	0.3	$	1.0

- 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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