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Other Financial Information
6 Months Ended
Jun. 29, 2013
Balance Sheet Related Disclosures [Abstract]  
Other Financial Information
OTHER FINANCIAL INFORMATION
Inventories
Inventories are valued at last-in, first-out (LIFO) for approximately 51% and 31% of the Company’s inventory as of June 29, 2013 and December 29, 2012, respectively.




The approximate percentage distribution between major classes of inventories was as follows:

 
June 29,
2013
 
December 29,
2012
Raw Material and Work in Process
44
%
 
43
%
Finished Goods and Purchased Parts
56
%
 
57
%

Property, Plant and Equipment
Property, plant, and equipment by major classification was as follows (in millions):
 
 
June 29,
2013
 
December 29,
2012
Land and Improvements
$
73.6

 
$
76.2

Buildings and Improvements
217.5

 
212.7

Machinery and Equipment
769.5

 
747.5

Property, Plant and Equipment
1,060.6

 
1,036.4

Less: Accumulated Depreciation
(492.3
)
 
(463.3
)
Net Property, Plant and Equipment
$
568.3

 
$
573.1