Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

The components of property, plant and equipment at December 31, 2014 and December 31, 2013 are summarized as follows:



(in millions)	2014			2013
Land	$	31.2		$	40.8
Building and improvements	344.2			361.2
Machinery, equipment and tooling	509.1			509.0
Furniture and fixtures	24.5			47.8
Computer hardware and software	169.7			125.8
Rental cranes	111.2			89.3
Construction in progress	104.2			102.2
Total cost	1,294.1			1,276.1
Less accumulated depreciation	(703.1		)	(697.3		)
Property, plant and equipment-net	$	591.0		$	578.8

- 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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