. OTHER FINANCIAL INFORMATION

Inventories

Cost for approximately 41% and 45% of the Company’s inventory is determined using the last-in, first-out (LIFO) inventory valuation method as of September 29, 2012 and December 31, 2011, respectively. The approximate percentage distribution between major classes of inventories was as follows:



	September 29, 2012		December 31, 2011
Raw Material and Work in Process	42	%	38	%
Finished Goods and Purchased Parts	58	%	62	%

Investments

Investments consist of term deposits of $3.2 million with original maturities of greater than three months. Investments with maturities greater than one year may be classified as short term based on their highly liquid nature and their availability to fund future investing activities. Term deposits are included in Prepaid Expenses and Other Current Assets. The fair value of term deposits approximates their carrying value.

Property, Plant and Equipment

Property, plant, and equipment by major classification was as follows (in millions):



	September 29, 2012			December 31, 2011
Land and Improvements	$	76.2		$	74.1
Buildings and Improvements	200.0			189.3
Machinery and Equipment	740.5			667.2
Property, Plant and Equipment	1,016.7			930.6
Less: Accumulated Depreciation	(449.9		)	(396.6		)
Net Property, Plant and Equipment	$	566.8		$	534.0