Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

5. Property, Plant and Equipment

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


(in millions)	2014			2013
Land	$	62.5		$	62.7
Buildings		460.1			427.3
Machinery and equipment		1,311.4			1,229.8
Construction-in-progress		98.8			144.6

		1,932.8			1,864.4
Less: Accumulated depreciation		(1,082.9	)		(1,011.8	)

Total	$	849.9		$	852.6

Depreciation of property, plant and equipment for 2014, 2013 and 2012 was $164, $144 and $135, 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.

+ References+ Details