PROPERTY, PLANT AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2013

PROPERTY, PLANT AND EQUIPMENT [Abstract]

Property Plant and Equipment

Major classes of property, plant and equipment are as follows:

December 31,	2013		2012		Useful lives (years		)
(In millions)
Land and buildings	$	77.9	$	78.1		10 – 20
Leasehold improvements		238.4		255.3		1 – 20
Machinery, equipment and software		399.7		385.3		3 – 20
Furniture and fixtures		110.6		104.6		1 – 8
Construction in progress		17.9		20.1		-
		844.5		843.4
Less: accumulated depreciation and amortization		595.5		565.3
	$	249.0	$	278.1

Obligations under Capital Leases

Obligations under capital leases consist of the following:

December 31,	2013		2012
(In millions)
Warehouses, office facilities and equipment	$	21.3	$	23.4
Less: current portion		2.2		2.1
Obligations under capital leases - noncurrent	$	19.1	$	21.3