Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net at December 31 was as follows:



	2014			2013
	(Dollars in thousands)
Land	$	53,652		$	60,783
Buildings and improvements	320,833			328,324
Machinery and equipment	2,386,245			2,372,648
Construction in progress	79,291			53,382
	2,840,021			2,815,137
Accumulated depreciation	(1,776,390		)	(1,696,694		)
	$	1,063,631		$	1,118,443

Depreciation expense in 2014, 2013 and 2012 was $134.6 million, $157.3 million and $158.4 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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