Property, Plant and Equipment

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, net



	June 30,			December 31,
(millions of dollars)	2013			2012
Land, land use rights and buildings	$	687.6		$	717.2
Machinery and equipment	1,893.2			2,282.4
Capital leases	2.4			2.3
Construction in progress	277.4			243.7
Total property, plant and equipment, gross	2,860.6			3,245.6
Less: accumulated depreciation	(1,170.6		)	(1,567.0		)
Property, plant and equipment, net, excluding tooling	1,690.0			1,678.6
Tooling, net of amortization	106.3			109.4
Property, plant and equipment, net	$	1,796.3		$	1,788.0

As of June 30, 2013 and December 31, 2012, accounts payable of $30.6 million and $39.8 million, respectively, were related to property, plant and equipment purchases.

Interest costs capitalized for the six months ended June 30, 2013 and 2012 were $5.0 million and $9.0 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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