PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2022

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

4.          PROPERTY AND EQUIPMENT

Property and equipment as of March 31, 2022 and December 31, 2021 consisted of the following:

	March 31,		December 31,
(In millions)	2022		2021
Cost:
Vessels	$	2,245.2	$	2,243.8
Containers and equipment		697.3		680.9
Terminal facilities and other property		131.4		128.3
Vessel construction in progress		24.2		14.9
Other construction in progress		36.3		19.5
Total Property and Equipment		3,134.4		3,087.4
Less: Accumulated Depreciation		(1,239.8)		(1,209.1)
Total Property and Equipment, net	$	1,894.6	$	1,878.3