Property, Plant & Equipment, net

12 Months Ended

Jun. 30, 2014

Property Plant And Equipment [Abstract]

Note 5—Property, Plant & Equipment, net

At June 30, 2014 and 2013, property, plant and equipment, net consisted of the following:


	Estimated Useful Lives (in Years)	June 30,
	Estimated Useful Lives (in Years)	2014			2013
Land		$	11,077		$	6,859
Buildings and improvements	1-50		296,401			247,758
Machinery and equipment	3-20		1,240,750			1,113,228
Furniture and fixtures	3-10		33,414			33,175

Property, plant and equipment, gross			1,581,642			1,401,020
Less accumulated depreciation and amortization			(1,071,786	)		(975,838	)

Property, plant and equipment, net		$	509,856		$	425,182

Depreciation expense for the fiscal years ended June 30, 2014, 2013 and 2012 was $119.1 million, $115.6 million and $110.1 million, 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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