Property and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following:



	December 31,
(in millions)	2017			2016
Building and leasehold improvements	$	123.0		$	120.4
Computer and data processing equipment	116.4			101.7
Machinery and equipment	45.6			43.2
Land	27.7			27.7
Furnitures and fixtures	22.7			23.8
Construction in progress	17.9			20.4
Computer software	9.6			10.8
Property and equipment, gross	362.9			348.0
Less: accumulated depreciation	(201.8		)	(184.3		)
Property and equipment, net	$	161.1		$	163.7

During 2017, 2016 and 2015, the Company recorded disposals of $23 million, $50 million and $17 million, respectively, to remove assets that were no longer in use from property and equipment. The Company recorded a pre-tax loss of less than $1 million for all periods for certain disposed assets that were not fully depreciated.

Depreciation expense for the years ended December 31, 2017, 2016 and 2015 was $40 million, $38 million and $29 million, respectively.