Property, Plant & Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Repairs and maintenance expenditures that do not extend original asset lives are charged to expense as incurred. The estimated useful lives of property, plant and equipment are as follows:



Building and improvements	25-30 years
Machinery and equipment	8-12 years
Lab equipment	5-7 years
Furniture and fixtures	5-12 years
Software	3-5 years
Leasehold improvements	Life of lease

Property, plant, and equipment consisted of the following (in thousands):



	December 31,
	2012			2011
Building and improvements	$	9,897.8		$	9,874.0
Machinery and equipment	39.5			17.9
Lab equipment	1,800.6			1,559.1
Furniture and fixtures	683.7			632.4
Software	99.5			98.3
Leasehold improvements	654.5			702.0
Property, plant and equipment, gross	13,175.6			12,883.7
Accumulated depreciation	(2,022.5		)	(1,267.6		)
Property, plant and equipment, net	$	11,153.1		$	11,616.1

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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