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Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property, Plant and Equipment

The components of the Company's property, plant and equipment at December 31, 2014 and 2013 were as follows:

 
2014
 
2013
Land
$
143.4

 
$
145.8

Buildings
959.6

 
937.8

Machinery and equipment
3,600.7

 
3,509.9

Other(1)
229.4

 
213.1

Construction in progress
40.1

 
32.6

Property, plant and equipment—gross
$
4,973.2

 
$
4,839.2

Less: accumulated depreciation
(3,117.7
)
 
(2,913.7
)
Property, plant and equipment—net
$
1,855.5

 
$
1,925.5


______________________________
(1)
Other consists of computer equipment, vehicles, furniture and fixtures, leasehold improvements and communication related equipment.

Property, plant and equipment increased $70.8 million during the year ended December 31, 2014, related to the Brown Printing acquisition (see Note 2, "Acquisitions and Strategic Investments" for further discussion on the acquisition of Brown Printing).

The Company recorded impairment charges of $14.4 million, $21.8 million and $23.0 million during the years ended December 31, 2014, 2013 and 2012, respectively, to reduce the carrying amounts of certain land, buildings and machinery and equipment no longer utilized in production to fair value (see Note 4, "Restructuring, Impairment and Transaction-Related Charges" for further discussion on impairment charges).

The Company recognized depreciation expense of $260.5 million, $270.2 million and $272.3 million for the years ended December 31, 2014, 2013 and 2012, respectively.

Assets Held for Sale

Certain closed facilities are considered held for sale. The net book value of the assets held for sale was $1.8 million and $5.6 million as of December 31, 2014 and 2013, respectively. These assets were valued at their fair value, less the estimated costs to sell. The fair values were determined by the Company to be Level 3 under the fair value hierarchy (see Note 16, "Financial Instruments and Fair Value Measurements," for the definition of Level 3 inputs) and were estimated based on broker quotes and internal expertise related to current marketplace conditions. Assets held for sale are included in prepaid expenses and other current assets in the consolidated balance sheets.