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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2021
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

4.          PROPERTY AND EQUIPMENT

Property and equipment as of March 31, 2021 and December 31, 2020 consisted of the following:

March 31, 

December 31, 

(In millions)

    

2021

    

2020

Cost:

Vessels

$

2,200.1

$

2,191.6

Containers and equipment

559.6

572.3

Terminal facilities and other property

119.9

119.8

Construction in progress

31.8

28.6

Total Property and Equipment

2,911.4

2,912.3

Less: Accumulated Depreciation

(1,227.4)

(1,222.4)

Total Property and Equipment, net

$

1,684.0

$

1,689.9