Property, Plant and Equipment

3 Months Ended

Mar. 31, 2016

Property, Plant and Equipment [Abstract]

Property, plant and equipment, net consists of the following:



	March 31, 2016			December 31, 2015
Land	$	16.1		$	16.5
Buildings (including improvements)	595.2			585.4
Machinery and equipment	1,248.9			1,210.6
Tooling	943.3			927.2
Capitalized software	230.9			219.7
Construction-in-progress	244.2			278.6
Total	3,278.6			3,238.0
Less: accumulated depreciation	(1,331.4		)	(1,287.3		)
Property, plant and equipment, net	$	1,947.2		$	1,950.7

Interest costs associated with construction-in-progress are capitalized until the assets are completed and ready for use. Capitalized interest was $2.1 and $1.3 for the three months ended March 31, 2016 and April 2, 2015, respectively. Repair and maintenance costs are expensed as incurred. The Company recognized repair and maintenance costs of $26.6 and $30.3 for the three months ended March 31, 2016 and April 2, 2015, respectively.

The Company capitalizes certain costs, such as software coding, installation and testing, that are incurred to purchase or to create and implement internal-use computer software. Depreciation expense related to capitalized software was $4.5 and $4.2 for the three months ended March 31, 2016 and April 2, 2015, respectively.

The Company reviews capital and amortizing intangible assets (long-lived assets) for impairment on an annual basis or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The Company evaluated its long-lived assets at its locations and determined no impairment was necessary for the periods ended March 31, 2016 and April 2, 2015.