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Property, Plant and Equipment
9 Months Ended
Sep. 27, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 8.  Property, Plant and Equipment


Property, plant and equipment and accumulated depreciation and depletion are presented below:

(millions of dollars)
 
Sep. 27,
2020
   
Dec. 31,
2019
 
Property, plant and equipment
 
$
2,228.8
   
$
2,257.0
 
Less: accumulated depreciation and depletion
   
(1,201.7
)
   
(1,204.2
)
Property, plant and equipment, net
 
$
1,027.1
   
$
1,052.8
 


In the third quarter of 2020, the Company acquired the assets of a mining and hauling company in the western United States for $9.2 million to support our bentonite clay mining operations.