Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2012

NOTE 3. PROPERTY, PLANT AND EQUIPMENT, NET

PP&E consists of the following amounts:


(DOLLARS IN THOUSANDS)	December 31,
(DOLLARS IN THOUSANDS)	2012			2011
Asset Type
Land	$	24,183		$	26,468
Buildings and improvements		328,724			305,766
Machinery and equipment		790,445			717,626
Information technology		247,298			242,501
Construction in process		141,667			139,733

		1,532,317			1,432,094
Accumulated depreciation		(877,676	)		(824,029	)

	$	654,641		$	608,065

- 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.

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