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Property, Plant And Equipment
12 Months Ended
Dec. 31, 2011
Property, Plant And Equipment [Abstract]  
Property, Plant And Equipment

NOTE 9. PROPERTY, PLANT AND EQUIPMENT

   

 

       
  December 31,
2011
December 31,
2010
 
Land $ 112.2   $ 119.9  
Buildings   302.4     298.4  
Machinery and equipment   838.9     827.0  
Computer software   20.7     32.2  
Construction in progress   135.1     60.2  
Less accumulated depreciation and amortization   (506.4 )   (482.8 )
Net property, plant and equipment $ 902.9   $ 854.9  

 

In 2011 and 2010, our Board of Directors approved the construction of a U.S. mineral wool plant to supply our Building Products plants, the allocation of capital to double our Building Products production capacity in China, and the construction of two flooring plants in China. Total capital spending for these projects is currently projected to be approximately $200 million. Through December 31, 2011, we have incurred approximately $72 million related to these projects with most of the remaining spending to occur in 2012.

See Note 2 to the Consolidated Financial Statements for discussion of policies related to property and depreciation and asset retirement obligations.