Property, Plant and Equipment

3 Months Ended

Mar. 31, 2014

4. Property, Plant and Equipment

Property, plant and equipment, net, is comprised of the following at March 31, 2014 and December 31, 2013:


(in millions)	March 31, 2014			December 31, 2013
Land	$	65.1		$	62.7
Buildings		462.6			427.3
Machinery and equipment		1,277.0			1,229.8
Construction-in-progress		88.1			144.6

		1,892.8			1,864.4
Less: Accumulated depreciation		(1,038.0	)		(1,011.8	)

Total property, plant and equipment, net	$	854.8		$	852.6

Depreciation of property, plant and equipment was $39.7 and $32.6 for the three months ended March 31, 2014 and 2013, respectively.

- 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.

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