Property, Plant and Equipment

9 Months Ended

Sep. 30, 2017

Property, Plant and Equipment [Abstract]

Property, plant and equipment consist of the following as of the dates indicated:



	Depreciable Life	September 30, 2017			December 31, 2016
Land	—	$	2.0		$	2.0
Building and improvements	10 - 40 years	37.0			29.6
Pipeline and equipment ⁽¹⁾	10 - 30 years	888.2			895.7
Other	5 - 25 years	15.5			16.9
		942.7			944.2
Accumulated depreciation and amortization ⁽²⁾		(368.1		)	(354.8		)
		574.6			589.4
Construction in progress		34.3			21.2
Property, plant and equipment, net		$	608.9		$	610.6

⁽¹⁾As of September 30, 2017, includes cost of $163.4 million related to assets under operating lease (as lessor), which commenced in May 2017. As of September 30, 2017 and December 31, 2016, includes cost of $22.8 million related to assets under capital lease (as lessee).

⁽²⁾ As of September 30, 2017, includes accumulated depreciation of $32.1 million related to assets under operating lease (as lessor), which commenced in May 2017. As of September 30, 2017 and December 31, 2016, includes accumulated depreciation of $2.7 million and $1.6 million, respectively, related to assets under capital lease (as lessee).

Depreciation and amortization expense on property, plant and equipment for the three and nine months ended September 30, 2017 was $8.9 million and $28.0 million, respectively, and for the three and nine months ended September 30, 2016 was $9.1 million and $27.1 million, respectively. Depreciation and amortization expense is included in cost and expenses in the accompanying condensed consolidated statements of income. Depreciation and amortization expense on property, plant and equipment includes amounts pertaining to assets under operating and capital leases.