Property, Plant and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment are recorded at historical cost, net of accumulated depreciation. Components of Property, plant and equipment, net are summarized as follows:

(In millions)	March 31, 2018			December 31, 2017
Land	$	305.5		$	332.3
Buildings and leasehold improvements	1,903.9			1,940.7
Machinery, equipment and other	2,935.4			3,106.3
Assets under construction	2,597.9			2,568.2
Total property, plant and equipment at cost	7,742.7			7,947.5
Less: Accumulated depreciation	(1,282.6		)	(1,312.1		)
Property, plant and equipment, net	$	6,460.1		$	6,635.4