Property, Plant & Equipment, Net

12 Months Ended

Dec. 29, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

The following table summarizes property, plant and equipment, net as of December 29, 2018 and December 30, 2017:



	December 29, 2018							December 30, 2017
(in millions of U.S. dollars)	Estimated Useful Life in Years	Cost		Accumulated Depreciation		Net		Cost		Accumulated Depreciation		Net
Land	n/a	$	98.5	$	—	$	98.5	$	82.9	$	—	$	82.9
Buildings	10-40	111.9		22.9		89.0		88.9		14.8		74.1
Machinery and equipment	5-15	183.3		67.0		116.3		142.3		53.5		88.8
Plates, films and molds	1-10	1.4		0.4		1.0		0.4		0.3		0.1
Vehicles and transportation equipment	3-15	88.1		50.2		37.9		87.3		41.3		46.0
Leasehold improvements ¹		16.7		6.9		9.8		34.1		8.5		25.6
IT Systems	3-7	16.2		8.6		7.6		12.4		6.4		6.0
Furniture and fixtures	3-10	9.3		3.2		6.1		11.3		4.1		7.2
Customer equipment ²	3-7	330.4		118.2		212.2		303.1		90.9		212.2
Returnable bottles ³	3-5	59.7		19.1		40.6		51.8		16.4		35.4
Capital leases ⁴		6.7		1.0		5.7		6.6		0.7		5.9
Total		$	922.2	$	297.5	$	624.7	$	821.1	$	236.9	$	584.2

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¹ Leasehold improvements are amortized over the shorter of their estimated useful lives or the related lease life.


²	Customer equipment for the Route Based Services reporting segment consists of coolers, brewers, refrigerators, water purification devices and storage racks held on site at customer locations.


³	Returnable bottles are those bottles on site at Route Based Services customer locations.


⁴	Our recorded assets under capital leases relate to machinery and equipment, IT systems, customer equipment and vehicles and transportation equipment.

The amounts above include construction in progress of $19.3 million and $11.3 million for 2018 and 2017, respectively.

Depreciation expense, which includes depreciation recorded for assets under capital leases, for the year ended December 29, 2018 was $123.6 million (2017 - $120.0 million; 2016 - $97.8 million).