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PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2018
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

 

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

 

(In millions)

    

2018

    

2017

 

Cost:

 

 

 

 

 

 

 

Vessels

 

$

1,440.9

 

$

1,433.6

 

Containers and equipment

 

 

538.2

 

 

543.0

 

Terminal facilities and other property

 

 

65.8

 

 

64.8

 

Vessel construction in progress

 

 

434.3

 

 

376.6

 

Other construction in progress

 

 

29.1

 

 

26.2

 

Total Property and Equipment

 

 

2,508.3

 

 

2,444.2

 

Less: Accumulated Depreciation

 

 

(1,293.3)

 

 

(1,278.5)

 

Total Property and Equipment, net

 

$

1,215.0

 

$

1,165.7