Property, Plant and Equipment

6 Months Ended

Jun. 30, 2019

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

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

(dollars in millions)	June 30, 2019			December 31, 2018
Land and leasehold improvements	$	67.5		$	67.8
Buildings and improvements	104.7			101.0
Machinery, equipment, fixtures and software	212.1			207.3
Construction in process	11.7			14.9
Total property, plant and equipment	396.0			391.0
Accumulated depreciation	(139.3		)	(124.1		)
Property, plant and equipment, net	$	256.7		$	266.9

For the three months ended June 30, 2019 and 2018, the Company recorded depreciation expense of $10.4 million and $11.2 million, respectively. For the six months ended June 30, 2019 and 2018, the Company recorded depreciation expense of $20.7 million and $22.9 million, respectively.