Property, Plant And Equipment, Net

6 Months Ended

Dec. 31, 2012

Note 5 – Property, Plant and Equipment, net

Property, plant and equipment, net consist of the following:


	Estimated Useful Lives (in Years)		December 31, 2012			June 30, 2012
Land			$	7,572		$	8,046
Buildings and improvements		1-50		251,358			254,563
Machinery and equipment		3-20		1,052,058			1,002,539
Furniture and fixtures		3-10		26,581			29,423

Property, plant and equipment, gross				1,337,569			1,294,571
Less accumulated depreciation and amortization				(915,621	)		(864,337	)

Property, plant and equipment, net			$	421,948		$	430,234

Depreciation expense for the three months ended December 31, 2012 and 2011 was $27.7 million and $25.6 million, respectively, and was $54.2 million in each of the six month periods ended December 31, 2012 and 2011.

- 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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