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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2014
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, Net

Note F: Property, Plant and Equipment, Net

 

December 31

(add 000)

 

2014

 

 

2013

 

Land and land improvements

 

$

849,704

 

 

$

728,396

 

Mineral reserves and interests

 

 

990,438

 

 

 

461,587

 

Buildings

 

 

157,233

 

 

 

118,655

 

Machinery and equipment

 

 

3,568,342

 

 

 

2,575,340

 

Construction in progress

 

 

125,959

 

 

 

92,906

 

 

 

 

5,691,676

 

 

 

3,976,884

 

Less allowances for depreciation, depletion and amortization

 

 

(2,288,906

)

 

 

(2,177,643

)

Total

 

$

3,402,770

 

 

$

1,799,241

 

The gross asset value and related allowance for amortization for machinery and equipment recorded under capital leases at December 31 were as follows:

 

(add 000)

 

2014

 

2013

 

Machinery and equipment under capital leases

 

$

25,775

 

$

10,341

 

Less allowance for amortization

 

 

(2,808

)

 

(104

)

Total

 

$

22,967

 

$

10,237

 

Depreciation, depletion and amortization expense related to property, plant and equipment was $211,242,000, $168,333,000 and $171,940,000 for the years ended December 31, 2014, 2013 and 2012, respectively. Depreciation, depletion and amortization expense for 2014 and 2013 includes amortization of machinery and equipment under capital leases.

Interest cost of $8,033,000, $1,792,000 and $2,537,000 was capitalized during 2014, 2013 and 2012, respectively.

At December 31, 2014 and 2013, $68,340,000 and $62,826,000, respectively, of the Aggregates business’ net property, plant and equipment were located in foreign countries, namely the Bahamas and Canada.