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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment – net consist of the following (in millions):
 
December 31,
 
2014
 
2013
Property
$
104.3

 
$
121.2

Plant
359.5

 
412.5

Equipment
699.5

 
720.1

Property, Plant and Equipment – Gross
1,163.3

 
1,253.8

Less: Accumulated depreciation
(473.0
)
 
(464.4
)
Property, plant and equipment – net
$
690.3

 
$
789.4



Depreciation expense for the years ended December 31, 2014, 2013 and 2012, was $110.4 million, $104.4 million and $99.7 million, respectively.