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Property and Equipment
 12 Months Ended
Jan. 02, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 5: Property and Equipment

Property and equipment (which are carried at cost) as of 2015 and 2014 year end are as follows:

 

(Amounts in millions)    2015      2014  

Land

        $ 19.7               $ 18.3       

Buildings and improvements

      297.9             294.0       

Machinery, equipment and computer software

      780.3             750.8       
  

 

 

     

 

 

  

Property and equipment – gross

        1,097.9               1,063.1       

Accumulated depreciation and amortization

      (684.4)            (658.6)      
  

 

 

     

 

 

  

Property and equipment – net

        $ 413.5               $ 404.5       
  

 

 

     

 

 

  

The estimated service lives of property and equipment are principally as follows:

 

Buildings and improvements

      3 to 50 years   

Machinery, equipment and computer software

      2 to 15 years   

 

The cost and accumulated depreciation of property and equipment under capital leases as of 2015 and 2014 year end are as follows:

 

(Amounts in millions)    2015      2014  

Buildings and improvements

        $ 20.1               $ 20.2       

Accumulated depreciation

        (11.0)                (9.7)      
  

 

 

     

 

 

  

Net book value

        $ 9.1               $ 10.5       
  

 

 

     

 

 

  

Depreciation expense was $57.8 million, $54.8 million and $51.2 million in 2015, 2014 and 2013, respectively.