XML 66 R14.htm IDEA: XBRL DOCUMENT v3.3.0.814
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment  
Property, Plant and Equipment

 

8.Property, Plant and Equipment

 

 

 

September 30,

 

December 31,

 

($ in millions)

 

2015

 

2014

 

 

 

 

 

 

 

Land

 

$
63.5

 

$
64.6

 

Buildings

 
984.3

 
973.4

 

Machinery and equipment

 
3,776.0

 
3,612.5

 

Construction-in-progress

 
432.8

 
382.7

 

 

 

 

 

 

 

 

 
5,256.6

 
5,033.2

 

Less accumulated depreciation

 
(2,709.3

)
(2,602.5

)

 

 

 

 

 

 

 

 

$
2,547.3

 

$
2,430.7

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment are stated at historical or acquired cost. Depreciation expense amounted to $62.3 million and $183.3 million for the three and nine months ended September 30, 2015, respectively, and $60.9 million and $179.1 million for the comparable periods in 2014, respectively.