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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Estimated useful lives of property, plant and equipment
Depreciation is computed using the straight-line method over the following estimated useful lives:

Buildings and improvements:
 
Buildings and improvements
10 to 30 years
Leasehold improvements
2 to 20 years
Machinery and equipment:
 
Computer hardware
3 to 5 years
Computer software
3 to 10 years
Factory machinery and equipment
3 to 15 years
Research and development equipment
3 to 15 years
Vehicles
3 to 10 years

Components of Property, plant and equipment, net were as follows (in millions):
 
As of December 31,
 
2013
 
2012
Land
$
39.5

 
$
29.4

Buildings and improvements
212.6

 
208.6

Machinery and equipment
649.1

 
612.9

Construction in progress and equipment not yet in service
51.6

 
32.1

Total
952.8

 
883.0

Less accumulated depreciation
(617.3
)
 
(584.8
)
Property, plant and equipment, net
$
335.5

 
$
298.2

Identifiable intangible and other assets that have finite lives are amortized over their estimated useful lives
We amortize intangible assets and other assets with finite lives over their respective estimated useful lives to their estimated residual values, as follows:
Asset
Useful Life
Deferred financing costs
Effective interest method
Customer relationships
Straight-line method up to 12 years
Patents and others
Straight-line method up to 20 years