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Supplemental Balance Sheet Information | 12 Months Ended
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Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Supplemental Balance Sheet Information | Supplemental Balance Sheet Information Accounts Receivable Accounts receivable consist of the following (in millions):
| As of December 31,
| 2017 |  | 2016
Accounts Receivable | $ | 204.9 |  |  | $ | 190.0 |
Allowances and doubtful accounts | (1.9 | ) |  | (1.5 | )
Accounts receivable, net | $ | 203.0 |  |  | $ | 188.5 |
Inventories Inventories at the lower of cost (determined on the LIFO/FIFO or weighted-average cost methods) or market consists of the following (in millions):
| As of December 31,
| 2017 |  | 2016
| LIFO |  | Non- LIFO |  | Total |  | LIFO |  | Non- LIFO |  | Total
Raw Materials | $ | 26.6 |  |  | $ | 1.5 |  |  | $ | 28.1 |  |  | $ | 24.5 |  |  | $ | 0.8 |  |  | $ | 25.3 |
Work in process | 20.4 |  |  | 0.3 |  |  | 20.7 |  |  | 16.2 |  |  | 0.1 |  |  | 16.3 |
Finished goods | 40.0 |  |  | 9.6 |  |  | 49.6 |  |  | 37.1 |  |  | 8.2 |  |  | 45.3 |
Supplies and other | — |  |  | 5.7 |  |  | 5.7 |  |  | — |  |  | 5.8 |  |  | 5.8 |
| 87.0 |  |  | 17.1 |  |  | 104.1 |  |  | 77.8 |  |  | 14.9 |  |  | 92.7 |
Excess of FIFO or weighted-average cost over LIFO cost | (13.0 | ) |  | — |  |  | (13.0 | ) |  | (12.0 | ) |  | — |  |  | (12.0 | )
Total | $ | 74.0 |  |  | $ | 17.1 |  |  | $ | 91.1 |  |  | $ | 65.8 |  |  | $ | 14.9 |  |  | $ | 80.7 |
Property, Plant and Equipment Property, plant and equipment consists of the following (in millions):
| As of December 31,
| 2017 |  | 2016
Land | $ | 1.0 |  |  | $ | — |
Buildings and leasehold improvements | 41.0 |  |  | 39.1 |
Machinery and equipment | 124.4 |  |  | 136.8 |
Construction in progress | 21.5 |  |  | 16.4 |
| 187.9 |  |  | 192.3 |
Less accumulated depreciation | (78.0 | ) |  | (83.0 | )
Total | $ | 109.9 |  |  | $ | 109.3 |
There were $3 million and $5 million of capital expenditures in accounts payable as of December 31, 2017 and 2016, respectively. As of the years ended December 31, 2017 and 2016, we held $57 million and $58 million, respectively, of net property, plant and equipment in the United States. Depreciation expense was $19 million, $20 million and $17 million, respectively, in the years ended December 31, 2017, 2016 and 2015. Intangible Assets Intangible assets subject to amortization consist of the following (in millions):
|  | As of December 31,
|  | 2017 |  | 2016
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Trademarks |  | $ | 125.9 |  |  | $ | (97.6 | ) |  | $ | 28.3 |  |  | $ | 125.9 |  |  | $ | (93.8 | ) |  | $ | 32.1 |
Patents and acquired technologies |  | 253.0 |  |  | (146.1 | ) |  | 106.9 |  |  | 251.8 |  |  | (131.1 | ) |  | 120.7 |
Other |  | 43.1 |  |  | (35.1 | ) |  | 8.0 |  |  | 42.9 |  |  | (33.2 | ) |  | 9.7 |
Total |  | $ | 422.0 |  |  | $ | (278.8 | ) |  | $ | 143.2 |  |  | $ | 420.6 |  |  | $ | (258.1 | ) |  | $ | 162.5 |
As of December 31, 2017, we had $6 million of indefinite-lived intangible assets that we acquired in connection with the Acquisition related to in-process research and development projects. Amortization expense for intangible assets was $21 million, $21 million and $25 million for the years ended December 31, 2017, 2016 and 2015, respectively. We estimate amortization expense for the next five years and beyond will be as follows (in millions):
For the years ending December 31, |  |
2018 |  | $ | 18.2 |
2019 |  | 15.3 |
2020 |  | 13.1 |
2021 |  | 10.9 |
2022 |  | 10.4 |
Thereafter |  | 75.3 |
Total |  | $ | 143.2 |
Accrued Expenses Accrued expenses consist of the following (in millions):
| As of December 31,
| 2017 |  | 2016
Accrued rebates | $ | 64.4 |  |  | $ | 55.7 |
Accrued salaries and wages | 44.5 |  |  | 49.9 |
Accrued taxes - income and other | 6.8 |  |  | 4.4 |
Other | 29.2 |  |  | 28.4 |
Total | $ | 144.9 |  |  | $ | 138.4 |
Other Long-Term Liabilities Other long-term liabilities consist of the following (in millions):
| As of December 31,
| 2017 |  | 2016
Taxes payable | $ | 10.0 |  |  | $ | 3.4 |
Accrued compensation benefits | 4.6 |  |  | 4.4 |
Other | 17.2 |  |  | 16.0 |
Total | $ | 31.8 |  |  | $ | 23.8 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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