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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment – net consist of the following (in millions):
 
December 31,
 
2016
 
2015
Property
$
36.4

 
$
37.2

Plant
144.3

 
161.9

Equipment
456.1

 
545.2

Property, Plant and Equipment – Gross
636.8

 
744.3

Less: Accumulated depreciation
(332.2
)
 
(372.4
)
Property, plant and equipment – net
$
304.6

 
$
371.9



Depreciation expense for the years ended December 31, 2016, 2015 and 2014, was $65.5 million, $63.9 million and $70.4 million, respectively.