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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Classes of Property, Plant and Equipment
The provision for depreciation has been computed principally by the straight-line method based on the estimated useful lives of the depreciable assets as follows:
Category
  
Useful Life
Buildings
  
30 years
Leased assets and leasehold improvements
  
Amortized over the lesser of the economic life of the asset or the term of the lease
Machinery and equipment
  
3 – 10 years
The classes of property, plant and equipment as of December 31 are summarized as follows ($ in millions):
 
2016
 
2015
Land and improvements
$
63.5

 
$
66.0

Buildings and leasehold improvements
340.8

 
344.8

Machinery and equipment
1,147.5

 
1,080.8

Gross property, plant and equipment
1,551.8

 
1,491.6

Less: accumulated depreciation
(1,004.2
)
 
(976.8
)
Property, plant and equipment, net
$
547.6

 
$
514.8