PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

The major components of property, plant and equipment as of December 31, 2015 and 2014 were as follows:

	2015			2014 (Restated)
Land	$	81.1		$	79.6
Buildings	655.4			602.8
Machinery and equipment	1,240.3			1,083.1
Other equipment and leasehold improvements	362.8			278.0
Equipment on operating lease	34.3			32.7
Construction in progress	251.9			214.0
	2,625.8			2,290.2
Less accumulated depreciation	(1,184.0		)	(977.9		)
	$	1,441.8		$	1,312.3

Depreciation expense amounted to $209 million, $187 million, and $114 million in the years ended December 31, 2015, 2014 and 2013, respectively.