Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

(6) Property, Plant and Equipment

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



	December 31,
	2014		2013
	(in millions)
Land and improvements	$	37.4	$	36.1
Buildings	50.4		42.6
Machinery and equipment	2,581.2		2,312.5
Automotive equipment	22.1		19.2
Furniture and fixtures	19.0		18.3
Leasehold improvements	3.4		2.5
Aircraft	3.7		2.3
Railcars	14.5		7.9
Construction in progress	71.5		164.9
	2,803.2		2,606.3
Accumulated depreciation	887.2		741.9
	$	1,916.0	$	1,864.4

Capitalized interest recognized as a reduction in interest expense for the years ended December 31, 2014, 2013 and 2012 totaled approximately $9.4 million, $3.6 million and $10.8 million, respectively. Land, building and equipment that are under a capital lease obligation had an original carrying value of approximately $24.8 million at both December 31, 2014 and 2013, 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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