Property, Plant and Equipment, net

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

The components of property, plant and equipment, net are as follows:



(in millions)	September 30, 2014		December 31, 2013
Land and land improvements	$	10.2	$	10.5
Buildings and building improvements	89.8		93.2
Machinery and equipment	671.5		701.1
Capital leases	2.2		2.2
Assets in process	6.6		5.1
Property, plant and equipment, gross	780.3		812.1
Less accumulated depreciation	672.1		689.3
Property, plant and equipment, net	$	108.2	$	122.8

Depreciation expense associated with property, plant and equipment was $6.4 million and $8.6 million for the three months ended September 30, 2014 and 2013, respectively and $19.2 million and $26.9 million for the nine months ended September 30, 2014 and 2013, respectively.

- 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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