Property, Plant and Equipment, Net

9 Months Ended

Sep. 30, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

Footnote 8 — Property, Plant and Equipment, Net

Property, plant and equipment, net, is comprised of the following as of the dates indicated (in millions):

	September 30, 2018			December 31, 2017
Land	$	68.5		$	72.4
Buildings and improvements		475.5			491.4
Machinery and equipment		1,556.4			1,523.0
		2,100.4			2,086.8
Less: Accumulated depreciation		(1,183.5	)		(1,114.4	)
	$	916.9		$	972.4

Depreciation expense for continuing operations was $37.0 million and $39.8 million for the three months ended September 30, 2018 and 2017, respectively, and $119 million and $116 million for the nine months ended September 30, 2018 and 2017, respectively. Depreciation expense for discontinued operations was $0.9 million and $32.0 million for the three months ended September 30, 2018 and 2017, respectively, and $33.9 million and $94.3 million for the nine months ended September 30, 2018 and 2017, respectively.

During the nine months ended September 30, 2018, the Company recorded $37.3 million of impairment charges on certain other assets, the majority of which relate to the Home Fragrance business in the Home and Outdoor Living segment.