Property And Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consisted of the following:



(in millions)	December 31,
	2014		2013
Land	$	27.7	$	27.7
Machinery and equipment	54.3		53.0
Building and leasehold improvements	105.1		104.8
Computer and data processing equipment	65.6		61.2
Computer software	10.6		30.9
Furniture and fixtures	21.7		21.6
Construction in progress	24.7		10.9
Property and equipment	309.7		310.1
Less: accumulated depreciation	172.5		179.0
Property and equipment, net	$	137.2	$	131.1

During 2014, 2013 and 2012, the Company recorded disposals of $32.0 million, $7.9 million and $12.2 million, respectively, to remove assets that were no longer in use from property and equipment. The Company recorded a pre-tax loss of $0.1 million, $0.0 million and $0.1 million in 2014, 2013 and 2012, respectively, for certain disposed assets that were not fully depreciated.

Depreciation expense for the years ended December 31, 2014, 2013 and 2012 was $25.8 million, $27.2 million and $32.0 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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