Property, Plant & Equipment, Net

12 Months Ended

Jan. 02, 2016

Property, Plant and Equipment [Abstract]

Property, Plant & Equipment, Net

Note 12—Property, Plant & Equipment, Net

The following table summarizes property, plant and equipment, net as of January 2, 2016 and January 3, 2015:

		January 2, 2016						January 3, 2015
(in millions of U.S. dollars)	Estimated Useful Life in Years	Cost		Accumulated Depreciation		Net		Cost		Accumulated Depreciation		Net
Land	n/a	$	86.6		—	$	86.6	$	101.0	$	—	$	101.0
Buildings	10-40		207.4		74.7		132.7		220.8		73.7		147.1
Machinery and equipment	7-15		759.3		442.0		317.3		759.8		402.8		357.0
Plates, films and molds	1-10		19.2		11.5		7.7		21.5		13.2		8.3
Vending	5-10		10.4		10.2		0.2		11.2		10.8		0.4
Vehicles and transportation equipment	3-15		70.2		17.6		52.6		64.3		1.3		63.0
Leasehold improvements 1			50.6		32.0		18.6		46.5		26.9		19.6
IT Systems	3-7		14.4		8.4		6.0		13.4		7.1		6.3
Furniture and fixtures	3-10		10.1		5.7		4.4		9.2		5.9		3.3
Customer equipment 2	3-7		144.4		31.5		112.9		129.4		1.5		127.9
Returnable bottles 3	3		32.7		8.8		23.9		23.2		0.4		22.8
Capital leases 4			13.7		6.8		6.9		14.4		6.6		7.8
Total		$	1,419.0	$	649.2	$	769.8	$	1,414.7	$	550.2	$	864.5

^1.  Leasehold improvements are amortized over the remaining life of the lease or remaining useful life, whichever is shorter.

^2.  Customer equipment consists of coolers, brewers, refrigerators, water purification devices and storage racks held on site at DSS customer locations.

^3.  Returnable bottles are those bottles on site at DSS customer locations.

^4.  Our recorded assets under capital leases relate primarily to buildings and machinery and equipment.

Depreciation expense, which includes depreciation recorded for assets under capital leases, for the year ended January 2, 2016 was $147.3 million ($74.7 million—January 3, 2015; $69.2 million —December 28, 2013).