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Property, Plant and Equipment, Net ("PP&E")
3 Months Ended
Mar. 31, 2014
Property, Plant and Equipment, Net ("PP&E")
4. Property, Plant and Equipment, Net (“PP&E”)

PP&E consist of the following:

 

     March 31,
2014
     December 31,
2013
 

Land

   $ 25.6       $ 25.7   

Buildings and improvements

     280.9         280.4   

Machinery and equipment

     582.0         577.5   

Software

     83.2         83.0   

Office equipment and other assets

     58.5         57.7   

Construction in progress

     45.8         42.9   
  

 

 

    

 

 

 

Gross Property, Plant and Equipment

     1,076.0         1,067.2   

Less accumulated depreciation and amortization

     487.6         473.1   
  

 

 

    

 

 

 

Net Property, Plant and Equipment

   $ 588.4       $ 594.1   
  

 

 

    

 

 

 

 

     Three Months Ended  
     March 31,
2014
     March 31,
2013
 

Depreciation and amortization on PP&E

   $ 14.7       $ 15.8   
  

 

 

    

 

 

 

Interest charges capitalized (in construction in progress)

   $ 0.2       $ 0.1