Property, Plant and Equipment

6 Months Ended

Jun. 30, 2011

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 4 — Property, Plant and Equipment

The components of property, plant and equipment were as follows:

	June 30,			December 31,
	2011			2010
Property, Plant and Equipment:
Land and buildings	$	634.9		$	623.2
Machinery and equipment		2,872.7			2,830.8
Subtotal		3,507.6			3,454.0
Less allowances for depreciation		(2,264.5	)		(2,186.3	)
Property, Plant and Equipment — net	$	1,243.1		$	1,267.7

At June 30, 2011 and December 31, 2010, machinery and equipment included approximately $92.9 million and $99.7 million, respectively, of capitalized software. Depreciation expense for the three months ended June 30, 2011 and 2010 was $44.1 million and $44.9 million, respectively. Depreciation expense for the six months ended June 30, 2011 and 2010 was $89.2 million and $90.2 million, respectively. Depreciation expense on capitalized software for the three months ended June 30, 2011 and 2010 was approximately $3.6 million and $5.1 million, respectively. Depreciation expense on capitalized software for the six months ended June 30, 2011 and 2010 was approximately $10.5 million and $10.4 million, respectively.