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Property, Plant and Equipment
9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment

4. Property, Plant and Equipment

Property, plant and equipment, net, is comprised of the following at September 30, 2015 and December 31, 2014:

 

(in millions)

   September 30,
2015
     December 31,
2014
 

Land

   $ 56.5       $ 62.5   

Buildings

     465.5         460.1   

Machinery and equipment

     1,504.4         1,311.4   

Construction-in-progress

     93.9         98.8   
  

 

 

    

 

 

 
     2,120.3         1,932.8   

Less: Accumulated depreciation

     (1,178.1      (1,082.9
  

 

 

    

 

 

 

Total property, plant and equipment, net

   $ 942.2       $ 849.9   
  

 

 

    

 

 

 

Depreciation of property, plant and equipment was $46.8 and $40.8 for the three months ended September 30, 2015 and 2014, respectively, and $127 and $122 for the nine months ended September 30, 2015 and 2014, respectively.