Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2013

Note 11—Property, Plant, and Equipment

The components of property, plant, and equipment at December 31 were as follows:

(in millions)	2013			2012

Land	$	38.9		$	35.7
Buildings and leasehold improvements		259.1			224.0
Machinery and equipment		606.9			558.9
Projects in progress		60.3			63.4


		965.2			882.0
Accumulated depreciation		(468.0	)		(416.8	)


Property, plant and equipment, net	$	497.2		$	465.2

During 2013, 2012, and 2011, the Company capitalized interest in the amount of $1.7 million, $1.8 million and $1.3 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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