PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

The major categories of property, plant and equipment were as follows:



(In millions)	September 30, 2013			December 31, 2012
Land	$	6.6		$	6.0
Buildings	521.5			506.0
Machinery, equipment and fixtures	638.6			595.7
Construction in progress	214.7			150.4
Accumulated depreciation	(596.3		)	(568.2		)
Property, plant and equipment — net	$	785.1		$	689.9

Construction in progress included investment primarily for the Company’s new spray dryer and technology center in Singapore (“Asia Spray Dryer Project”).

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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