Property, Plant and Equipment

3 Months Ended

Apr. 03, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

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



	April 3, 2015			December 31, 2014
Land	$	69.8		$	73.9
Buildings and leasehold improvements	258.1			270.3
Machinery, equipment and office furnishings	880.0			905.1
Construction in progress	31.6			36.6
Total gross book value	1,239.5			1,285.9
Less accumulated depreciation	(534.9		)	(527.5		)
Total net book value	$	704.6		$	758.4

Depreciation expense for the three fiscal months ended April 3, 2015 and March 28, 2014 was $24.1 million and $29.0 million, respectively.

No material impairment charges occurred during the three fiscal months ended April 3, 2015 and March 28, 2014 related to long-lived intangible assets.

- 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.

+ References+ Details