Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

(7) Property, Plant and Equipment

A summary of costs for property, plant, and equipment is as follows:



	December 31,
	2013		2012
	(in millions)
Land and improvements	$	36.1	$	31.0
Buildings	42.6		40.6
Machinery and equipment	2,312.5		2,089.5
Automotive equipment	19.2		15.0
Furniture and fixtures	18.3		13.7
Leasehold improvements	2.5		2.5
Aircraft	2.3		—
Railcars	7.9		2.5
Construction in progress	164.9		189.2
	2,606.3		2,384.0
Accumulated depreciation	741.9		601.1
	$	1,864.4	$	1,782.9

Capitalized interest recognized as a reduction in interest expense for the years ended December 31, 2013, 2012 and 2011 totaled approximately $3.6 million, $10.8 million and $3.9 million, respectively. Land, building and equipment that are under a capital lease obligation had an original carrying value of approximately $24.8 million and $25.1 million as of December 31, 2013 and 2012, respectively. Amortization of assets held under capital leases is included in depreciation expense.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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