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Property, Plant and Equipment, Net ("PP&E")
9 Months Ended
Sep. 30, 2014
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, Net ("PP&E")

4.

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

PP&E consist of the following:

 

 

September 30,

 

 

December 31,

 

 

2014

 

 

2013

 

Land

$

25.6

 

 

$

25.7

 

Buildings and improvements

 

281.1

 

 

 

280.4

 

Machinery and equipment

 

596.1

 

 

 

577.5

 

Software

 

84.1

 

 

 

83.0

 

Office equipment and other assets

 

61.4

 

 

 

57.7

 

Construction in progress

 

59.2

 

 

 

42.9

 

Gross Property, Plant and Equipment

 

1,107.5

 

 

 

1,067.2

 

Less accumulated depreciation and amortization

 

511.7

 

 

 

473.1

 

Net Property, Plant and Equipment

$

595.8

 

 

$

594.1

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

2014

 

 

2013

 

 

2014

 

 

2013

 

Depreciation and amortization on PP&E

$

13.9

 

 

$

14.1

 

 

$

43.3

 

 

$

44.9

 

Interest charges capitalized (in construction in

   progress)

$

0.2

 

 

$

0.1

 

 

$

0.5

 

 

$

0.3