Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment as of December 31, 2014 and 2013 consisted of the following:



	December 31
	2014			2013
	(In thousands)
Land	$	174,654		$	181,026
Buildings	646,098			609,907
Leasehold improvements	76,389			75,925
Machinery and equipment	1,809,037			1,704,160
Construction in progress	34,587			56,069
	2,740,765			2,627,087
Less accumulated depreciation	(1,568,169		)	(1,411,040		)
Total	$	1,172,596		$	1,216,047

Depreciation expense amounted to $156.5 million, $161.8 million and $168.4 million during the years ended December 31, 2014, 2013 and 2012, respectively.

There was no material interest capitalized during the years ended December 31, 2014 and 2013.

See Note 17 for information regarding plant, property and equipment write-downs incurred in conjunction with our restructuring plans and certain other events.

- 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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