Property, Plant and Equipment

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment consists of the following:



(In thousands)	June 30 2013			December 31 2012
Land	$	25,108		$	26,336
Land improvements	14,569			14,199
Buildings and improvements	195,484			190,078
Machinery and equipment	2,894,851			2,950,384
Uncompleted construction	113,629			107,633
Gross property, plant and equipment	3,243,641			3,288,630
Less: Accumulated depreciation	(2,010,767		)	(2,022,405		)
Property, plant and equipment, net	$	1,232,874		$	1,266,225

- 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.

+ References+ Details