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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant, and Equipment  
Property, Plant and Equipment

 

Note 9—Property, Plant, and Equipment

        The components of Property, plant, and equipment, net of accumulated depreciation at December 31 were as follows:

                                                                                                                                                                                    

(in millions)

 

2015

 

2014

 

Land

 

$

59.9

 

$

37.1

 

Buildings and leasehold improvements

 

 

324.6

 

 

284.6

 

Machinery and equipment

 

 

735.4

 

 

690.7

 

Projects in progress

 

 

34.6

 

 

48.6

 

​  

​  

​  

​  

 

 

 

1,154.5

 

 

1,061.0

 

Accumulated depreciation

 

 

(568.7

)

 

(513.7

)

​  

​  

​  

​  

Property, plant, and equipment, net

 

$

585.8

 

$

547.3

 

​  

​  

​  

​  

​  

​  

​  

​  

        During 2015, 2014, and 2013, the Company capitalized interest in the amount of $1.0 million, $2.2 million, and $1.7 million, respectively.