LONG-LIVED ASSETS

9 Months Ended

Sep. 30, 2016

Property, Plant and Equipment [Abstract]

LONG-LIVED ASSETS

12.LONG-LIVED ASSETS

Property, Plant and Equipment - net

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

(Dollars in millions)	September 30, 2016			December 31, 2015
Land	$	8.7		$	12.3
Buildings and improvements	741.9			729.6
Machinery, equipment and fixtures	823.2			786.5
Construction in progress	83.5			123.6
Accumulated depreciation	(727.7		)	(688.0		)
Property, plant and equipment — net	$	929.6		$	964.0

During the first quarter of 2016, the Company recognized an impairment charge of $45.9 million on long-lived assets of its Venezuelan subsidiary. See Note 18 for additional information.

Other Intangible Assets - net

The Company tests intangible assets not subject to amortization for impairment in the third quarter of each year and whenever an event occurs or circumstances change that indicate that it is more likely than not that the asset is impaired. The Company completed its annual impairment test in the third quarter of 2016 and concluded that no impairment existed.

The gross carrying value and accumulated amortization by class of intangible assets as of September 30, 2016 and December 31, 2015 were as follows: 

	As of September 30, 2016							As of December 31, 2015
(Dollars in millions)	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
Indefinite-lived intangible assets:
Trademark(1).	$	14.6	$	—		$	14.6	$	16.9	$	—		$	16.9
Non-compete agreement(1).	2.9		—			2.9		3.3		—			3.3
Sub-total	17.5		—			17.5		20.2		—			20.2
Amortizable intangible assets:
Computer software	142.8		(113.9		)	28.9		136.7		(103.0		)	33.7
Distributor-customer relationship(2).	1.4		(0.6		)	0.8		1.6		(0.6		)	1.0
Sub-total	144.2		(114.5		)	29.7		138.3		(103.6		)	34.7
Total other intangible assets	$	161.7	$	(114.5	)	$	47.2	$	158.5	$	(103.6	)	$	54.9

⁽¹⁾Changes in balances result from currency translation.

⁽²⁾ Changes in balances result from currency translation and amortization (10 year life).

Non-Cash Activity

Capital expenditures and the cash outflow for capital expenditures were as follows:

(Dollars in millions)	Capital expenditures		Cash outflow for capital expenditures		Increase/(Decrease) in capital expenditures not paid
Nine months ended September 30, 2016	$	78.8	$	110.2	$	(31.4	)
Nine months ended September 30, 2015	$	110.8	$	125.2	$	(14.4	)