Property and Equipment, Net

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Note 8 - Property and Equipment, Net

The following table provides details of property and equipment, net, including property and equipment held under capital leases as of the dates indicated (in millions):



	September 30, 2014			December 31, 2013
Land	$	4.6		$	4.8
Buildings and leasehold improvements	19.2			18.0
Machinery and equipment	901.6			727.1
Office furniture and equipment	118.1			102.5
Construction in progress	17.2			11.0
Total property and equipment	$	1,060.7		$	863.4
Less accumulated depreciation and amortization	(446.3		)	(375.3		)
Property and equipment, net	$	614.4		$	488.1

Depreciation and amortization expense associated with property and equipment for the three month periods ended September 30, 2014 and 2013 totaled $35.2 million and $32.0 million, respectively, and totaled $95.0 million and $87.9 million, respectively, for the nine month periods ended September 30, 2014 and 2013.

- 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.

+ References+ Details