Property Plant And Equipment

3 Months Ended

Mar. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment at March 31, 2016 and December 31, 2015 was as follows (in millions):



	March 31, 2016			December 31, 2015
Land	$	30.9		$	31.0
Buildings	1,061.6			1,048.2
Equipment and leasehold improvements	3,906.3			3,858.1
	4,998.8			4,937.3
Accumulated depreciation and amortization	(2,036.7		)	(2,009.1		)
Total property, plant and equipment, net	$	2,962.1		$	2,928.2

The construction in progress portion of property, plant and equipment at March 31, 2016 was $140.5 million. Capital expenditures on the consolidated statement of cash flows for the three months ended March 31, 2016 exclude $35.3 million of completion payments on the Company’s Hot-Rolling and Processing Facility that were included in property, plant and equipment and accrued at March 31, 2016.