Net Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property Plant And Equipment [Abstract]

Note 3 — Net Property, Plant and Equipment

	December 31,
(In millions)	2014			2013
Land	$	50.2		$	50.9
Buildings		386.0			396.2
Equipment		1,008.6			957.0
Construction in progress		423.9			257.1
Property, plant and equipment		1,868.7			1,661.2
Less accumulated depreciation		(630.5	)		(593.8	)
Net property, plant and equipment	$	1,238.2		$	1,067.4

Depreciation expense related to property, plant and equipment for the years ended December 31, 2014, 2013 and 2012, was $71.2 million, $59.3 million and $57.2 million, respectively. Capitalized interest of $2.6 million and $2.9 million for 2014 and 2013, respectively, was included in construction in progress and is associated with our carbon fiber expansion programs. Capitalized costs associated with software developed for internal use were $5.7 million and $4.4 million for 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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