XML 59 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
Property, Plant and Equipment-Net (Tables)
 12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment, Net [Abstract]  
Components of property, plant and equipment-net
Property, plant and equipment—net consists of the following:
 
December 31,
 
2014
 
2013
 
(in millions)
Land
$
48.4

 
$
37.9

Machinery and equipment
5,268.7

 
5,046.8

Buildings and improvements
160.7

 
159.4

Construction in progress(1)
2,559.0

 
1,099.1

 
8,036.8

 
6,343.2

Less: Accumulated depreciation and amortization
2,511.0

 
2,241.5

 
$
5,525.8

 
$
4,101.7
Summary of plant turnaround activity
The following is a summary of plant turnaround activity:
 
Year ended December 31,
 
2014
 
2013
 
2012
 
(in millions)
Net capitalized turnaround costs at beginning of the year
$
119.8

 
$
82.1

 
$
54.8

Additions
88.3

 
78.6

 
56.6

Depreciation
(53.9
)
 
(40.8
)
 
(29.6
)
Effect of exchange rate changes
(1.0
)
 
(0.1
)
 
0.3

Net capitalized turnaround costs at end of the year
$
153.2

 
$
119.8

 
$
82.1