Property, Plant and Equipment

3 Months Ended

Mar. 31, 2017

Note 3. Property, Plant and Equipment

The components of the Company’s property, plant and equipment at March 31, 2017 and December 31, 2016 were as follows:

	March 31, 2017			December 31, 2016
Land	$	10.0		$	10.0
Buildings		44.5			44.4
Machinery and equipment		109.0			109.2
		163.5			163.6
Less: Accumulated depreciation		(127.5	)		(128.1	)
Total	$	36.0		$	35.5

During the three months ended March 31, 2017 and 2016, depreciation expense was $1.3 million and $1.9 million, respectively.