Property, Plant and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

The components of property, plant and equipment at December 31, 2016 and December 31, 2015 are summarized as follows:

(in millions)	2016			2015
Land	$	23.6		$	23.7
Building and improvements	225.0			218.7
Machinery, equipment and tooling	292.6			274.4
Furniture and fixtures	16.7			16.6
Computer hardware and software	126.0			132.4
Rental cranes	89.0			99.5
Construction in progress	16.7			81.0
Total cost	789.6			846.3
Less accumulated depreciation	(480.8		)	(435.6		)
Property, plant and equipment-net	$	308.8		$	410.7

In the twelve months ended December 31, 2016, the Company recorded $96.9 million in asset impairment charges. See additional discussion of impairments in Note 20, “Restructuring and Asset Impairments.”