Property, Plant and Equipment Property, Plant and Equipment

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

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



(amounts in millions)	March 31, 2015			December 31, 2014
Land and leasehold improvements	$	45.0		$	36.6
Buildings and improvements	89.5			51.1
Machinery, equipment, fixtures and software	163.7			101.2
	298.2			188.9
Less: accumulated depreciation	(30.7		)	(18.1		)
	267.5			170.8
Construction in process	12.5			4.2
Property, plant and equipment, net	$	280.0		$	175.0

For the three months ended March 31, 2015 and 2014, the Company recorded depreciation expense of $8.1 million and $3.6 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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