Property, Plant And Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]


F. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment include the following:

At December 31,	USEFUL LIVES		2014			2013
Land			$	239.0		$	238.5
Buildings and improvements		10-40 years		1,082.8			1,024.9
Machinery, equipment and production tooling		3-12 years		3,316.7			3,345.8
Construction in progress				175.8			321.2

				4,814.3			4,930.4
Less allowance for depreciation				(2,501.0	)		(2,417.1	)

			$	2,313.3		$	2,513.3

- 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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