Property, Plant and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant, and Equipment

Property, plant, and equipment, carried at cost, is summarized as follows at December 31, (in millions): 

	2015			2014
Land	$	42.5		$	43.1
Buildings and improvements	259.4			252.8
Machinery, tools, and equipment	761.7			740.7
Construction-in-progress	37.5			20.8
Gross property, plant, and equipment	1,101.1			1,057.4
Less accumulated depreciation	(681.4		)	(656.2		)
NET PROPERTY, PLANT, AND EQUIPMENT	$	419.7		$	401.2

Depreciable lives on buildings range between 20-45 years. Depreciable lives on machinery, tools, and equipment range between 3-20 years. The Company recorded depreciation expense of $51.2 million, $49.9 million and $45.3 million for 2015, 2014 and 2013, respectively.