PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2021

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

4.          PROPERTY AND EQUIPMENT

Property and equipment as of September 30, 2021 and December 31, 2020 consisted of the following:

	September 30,		December 31,
(In millions)	2021		2020
Cost:
Vessels	$	2,323.8	$	2,191.6
Containers and equipment		611.7		572.3
Terminal facilities and other property		120.2		119.8
Construction in progress		52.7		28.6
Total Property and Equipment		3,108.4		2,912.3
Less: Accumulated Depreciation		(1,281.6)		(1,222.4)
Total Property and Equipment, net	$	1,826.8	$	1,689.9