PLANT, PROPERTY AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2012

NOTE 10

PLANT, PROPERTY AND EQUIPMENT, NET


	September 30, 2012			December 31, 2011
Land and improvements	$	17.0		$	17.2
Buildings and improvements		170.6			163.1
Machinery and equipment		760.7			737.7
Furniture, fixtures and office equipment		63.1			61.8
Construction work in progress		33.5			46.5
Other		7.8			8.2
Plant, property and equipment, gross		1,052.7			1,034.5
Less – accumulated depreciation		(728.8	)		(710.4	)
Plant, property and equipment, net	$	323.9		$	324.1

Depreciation expense of $13.8 and $40.2 was recognized in the three and nine month periods ended September 30, 2012, respectively, and $14.2 and $42.2 for the three and nine month periods ended September 30, 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details