Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2012

Property, Plant and Equipment [Abstract]

Disclosure of Property, Plant and Equipment



	March 31,			December 31,
(millions of dollars)	2012			2011
Land and buildings	$	697.1		$	687.9
Machinery and equipment	2,084.4			2,006.9
Capital leases	2.4			2.3
Construction in progress	192.8			206.8
Total property, plant & equipment, gross	2,976.7			2,903.9
Less: accumulated depreciation	(1,385.0		)	(1,343.9		)
Property, plant & equipment, net, excluding tooling	1,591.7			1,560.0
Tooling, net of amortization	104.7			104.3
Property, plant and equipment, net	$	1,696.4		$	1,664.3

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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