XML 51 R16.htm IDEA: XBRL DOCUMENT v3.3.1.900
Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, Net

Note F: Property, Plant and Equipment, Net

 

December 31

(add 000)

 

2015

 

 

2014

 

Land and land improvements

 

$

865,700

 

 

$

849,704

 

Mineral reserves and interests

 

 

1,001,295

 

 

 

990,438

 

Buildings

 

 

144,076

 

 

 

157,233

 

Machinery and equipment

 

 

3,473,826

 

 

 

3,568,342

 

Construction in progress

 

 

128,301

 

 

 

125,959

 

 

 

 

5,613,198

 

 

 

5,691,676

 

Less allowances for depreciation, depletion and amortization

 

 

(2,457,198

)

 

 

(2,288,906

)

Total

 

$

3,156,000

 

 

$

3,402,770

 

The gross asset value and related allowance for amortization for machinery and equipment recorded under capital leases at December 31 were as follows:

 

(add 000)

 

2015

 

2014

 

Machinery and equipment under capital leases

 

$

19,379

 

$

25,775

 

Less allowance for amortization

 

 

(5,102

)

 

(2,808

)

Total

 

$

14,277

 

$

22,967

 

Depreciation, depletion and amortization expense related to property, plant and equipment was $246,874,000, $211,242,000 and $168,333,000 for the years ended December 31, 2015, 2014 and 2013, respectively. Depreciation, depletion and amortization expense for 2015 and 2014 includes amortization of machinery and equipment under capital leases.

Interest cost of $5,832,000, $8,033,000 and $1,792,000 was capitalized during 2015, 2014 and 2013, respectively.

At December 31, 2015 and 2014, $58,937,000 and $68,340,000, respectively, of the Aggregates business’ net property, plant and equipment were located in foreign countries, namely the Bahamas and Canada.