Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure

Property, Plant and Equipment, Net

Property, plant and equipment, net includes the following:



	December 31
	2011		2010
Coal lands and real estate:
NMHG	$	17.1	$	17.1
HBB	0.2		0.2
NACoal	36.7		35.0
	54.0		52.3
Plant and equipment:
NMHG	493.1		495.9
HBB	41.0		45.0
KC	29.1		27.3
NACoal	99.7		95.6
NACCO and Other	6.5		6.5
	669.4		670.3
Property, plant and equipment, at cost	723.4		722.6
Less allowances for depreciation, depletion and amortization	469.1		452.2
	$	254.3	$	270.4

Total depreciation, depletion and amortization expense on property, plant and equipment was $45.6 million, $48.7 million and $50.7 million during 2011, 2010, and 2009, respectively.

Proven and probable coal reserves, excluding the unconsolidated mines, approximated 1.3 billion tons (unaudited) and 1.1 billion tons (unaudited) at December 31, 2011 and 2010, respectively. These tons are reported on an as received by the customer basis and are the equivalent of “demonstrated reserves” under the coal resource classification system of the U.S. Geological Survey. Generally, these reserves would be commercially mineable at year-end prices and cost levels, using current technology and mining practices.

- 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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