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Plant, Equipment and Timberlands
12 Months Ended
Dec. 31, 2017
Property Plant And Equipment [Abstract]  
Plant, Equipment and Timberlands

12.

PLANT, EQUIPMENT AND TIMBERLANDS

Plant, equipment and timberlands at December 31 were as follows:

 

In thousands

 

2017

 

 

 

 

2016

 

Land and buildings

$

221,436

 

 

 

$

192,877

 

Machinery and equipment

 

1,484,545

 

 

 

 

1,335,669

 

Furniture, fixtures, and other

 

174,462

 

 

 

 

142,110

 

Accumulated depreciation

 

(1,125,203

)

 

 

 

(1,036,825

)

 

 

755,240

 

 

 

 

633,831

 

Construction in progress

 

105,673

 

 

 

 

137,665

 

Timberlands, less depletion

 

4,830

 

 

 

 

4,402

 

Total

$

865,743

 

 

 

$

775,898

 

 

As of December 31, 2017 and 2016, we had $21.0 million and $24.3 million, respectively, of accrued capital expenditures.

 

The following table sets forth amounts of interest expense capitalized in connection with major capital projects:

 

 

Year Ended December 31

 

 

 

2017

 

 

 

2016

 

 

 

2015

 

 

Interest cost incurred

$

19,852

 

 

 

$

17,431

 

 

 

$

17,815

 

 

Interest capitalized

 

2,080

 

 

 

 

1,609

 

 

 

 

351

 

 

Interest expense

$

17,772

 

 

 

$

15,822

 

 

 

$

17,464