Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

Footnote 8 — Property, Plant & Equipment, Net

Property, plant and equipment, net, consisted of the following as of December 31, (in millions):

	2018			2017
Land	$	69.9		$	72.4
Buildings and improvements		479.1			491.4
Machinery and equipment		1,575.1			1,523.0
		2,124.1			2,086.8
Less: Accumulated depreciation		(1,198.5	)		(1,114.4	)
	$	925.6		$	972.4

Depreciation expense for continuing operations was $169 million, $158 million and $122 million in 2018, 2017 and 2016, respectively. Depreciation expense for discontinued operations was $33.2 million, $126 million and $92.4 million in 2018, 2017 and 2016, respectively, prior to the businesses meeting held for sale criteria.

During 2018, the Company recorded $38.0 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.