Property, Plant and Equipment

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant, and Equipment

Property, plant, and equipment, carried at cost, is summarized as follows at December 31, (in millions): 

	2016			2015
Land	$	43.1		$	42.5
Buildings and improvements	268.7			259.4
Machinery, tools, and equipment	784.7			761.7
Construction-in-progress	36.9			37.5
Gross property, plant, and equipment	1,133.4			1,101.1
Less accumulated depreciation	(693.6		)	(681.4		)
NET PROPERTY, PLANT, AND EQUIPMENT	$	439.8		$	419.7

Depreciable lives on buildings range between 20-45 years. Depreciable lives on machinery, tools, and equipment range between 3-15 years. The Company recorded depreciation expense of $53.4 million, $51.2 million and $49.9 million for 2016, 2015 and 2014, respectively.