Note 6 — PROPERTY, NET

Components of Property, net are as follows:



(In millions)	March 31, 2016			December 31, 2015
Land	$	47.1		$	46.9
Buildings	321.0			318.3
Machinery and equipment	1,120.9			1,104.7
Property, gross	1,489.0			1,469.9
Less accumulated depreciation and amortization	(909.1		)	(886.4		)
Property, net	$	579.9		$	583.5

Depreciation expense was $21.7 million for the three months ended March 31, 2016 and $20.2 million for the three months ended March 31, 2015. Included in depreciation expense is accelerated depreciation of $2.8 million and $0.1 million during the three months ended March 31, 2016 and 2015, respectively, related to restructuring actions.