Property, Plant And Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following (in millions):



	Dec 31, 2012			Dec 31, 2011
Land	$	124.8		$	107.3
Buildings and leasehold improvements	375.3			302.2
Machinery, equipment and office furnishings	1,257.1			1,051.3
Construction in progress	77.5			94.2
Total — gross book value	1,834.7			1,555.0
Less accumulated depreciation	(640.8		)	(536.5		)
Total — net book value	$	1,193.9		$	1,018.5

Depreciation expense totaled $102.5 million, $97.6 million and $85.1 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Capital leases included within property, plant and equipment on the balance sheet were $10.9 million at December 31, 2012 and $7.8 million at December 31, 2011. Accumulated depreciation on capital leases was $3.7 million at December 31, 2012 and $2.6 million at December 31, 2011.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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