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PROPERTY AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2019
PROPERTY AND EQUIPMENT  
Schedule of property and equipment

 

 

 

 

 

 

 

 

 

 

March 31, 

 

December 31, 

 

(In millions)

    

2019

    

2018

 

Cost:

 

 

 

 

 

 

 

Vessels

 

$

1,490.1

 

$

1,489.2

 

Containers and equipment

 

 

514.7

 

 

513.6

 

Terminal facilities and other property

 

 

66.0

 

 

66.0

 

Vessel construction in progress

 

 

512.6

 

 

487.2

 

Other construction in progress

 

 

70.0

 

 

59.2

 

Total Property and Equipment

 

 

2,653.4

 

 

2,615.2

 

Less: Accumulated Depreciation

 

 

(1,267.2)

 

 

(1,248.6)

 

Total Property and Equipment, net

 

$

1,386.2

 

$

1,366.6