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Property, Plant, and Equipment
3 Months Ended
Mar. 31, 2018
Property Plant And Equipment [Abstract]  
Property, Plant, and Equipment

9.

Property, Plant, and Equipment

The components of property, plant, and equipment were as follows (dollars in millions):

 

 

 

March 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Land and land improvements

 

$

158.0

 

 

$

156.0

 

Buildings

 

 

734.4

 

 

 

729.8

 

Machinery and equipment

 

 

5,212.0

 

 

 

5,162.5

 

Construction in progress

 

 

239.0

 

 

 

194.5

 

Other

 

 

70.9

 

 

 

68.4

 

Property, plant and equipment, at cost

 

 

6,414.3

 

 

 

6,311.2

 

Less accumulated depreciation

 

 

(3,452.9

)

 

 

(3,386.3

)

Property, plant, and equipment, net

 

$

2,961.4

 

 

$

2,924.9

 

 

Depreciation expense for the three months ended March 31, 2018 and 2017 was $94.6 million and $82.4 million, respectively. During the three months ended March 31, 2018, we recognized $8.3 million incremental depreciation expense from shortening the useful lives of certain assets related to the Wallula mill restructuring and a corporate administration facility.

At March 31, 2018 and December 31, 2017, purchases of property, plant, and equipment included in accounts payable were $55.2 million and $29.8 million, respectively.