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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2018
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, Net

Note G: Property, Plant and Equipment, Net

 

December 31

(add 000)

 

2018

 

 

2017

 

Land and land improvements

 

$

1,089,675

 

 

$

974,622

 

Mineral reserves and interests

 

 

2,506,817

 

 

 

1,162,289

 

Buildings

 

 

162,098

 

 

 

154,564

 

Machinery and equipment

 

 

4,357,705

 

 

 

4,006,619

 

Construction in progress

 

 

178,668

 

 

 

199,973

 

 

 

 

8,294,963

 

 

 

6,498,067

 

Less: Accumulated depreciation, depletion and amortization

 

 

(3,137,734

)

 

 

(2,905,254

)

Total

 

$

5,157,229

 

 

$

3,592,813

 

Included in these amounts are the gross asset value and accumulated amortization for machinery and equipment recorded under capital leases at December 31 as follows:

 

(add 000)

 

2018

 

2017

 

Machinery and equipment under capital leases

 

$

24,931

 

$

23,919

 

Less: Accumulated amortization

 

 

(14,524

)

 

(11,243

)

Total

 

$

10,407

 

$

12,676

 

Depreciation, depletion and amortization expense related to property, plant and equipment was $326,099,000, $279,808,000 and $268,935,000 for the years ended December 31, 2018, 2017 and 2016, respectively. Depreciation, depletion and amortization expense includes amortization of machinery and equipment under capital leases.

Interest expense of $3,017,000, $3,616,000 and $3,543,000 was capitalized during 2018, 2017 and 2016, respectively.

At December 31, 2018 and 2017, $56,235,000 and $57,665,000, respectively, of the Building Materials business’ net property, plant and equipment were located in foreign countries, namely the Bahamas and Canada.