Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.19.1
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
The major components of property, plant and equipment were as follows:
 (dollars in millions)
March 31,
2019
 
December 31,
2018
Land and leasehold improvements
$
68.0

 
$
67.8

Buildings and improvements
104.3

 
101.0

Machinery, equipment, fixtures and software
212.0

 
207.3

Construction in process
11.1

 
14.9

Total property, plant and equipment
395.4

 
391.0

Accumulated depreciation
(132.4
)
 
(124.1
)
Property, plant and equipment, net
$
263.0

 
$
266.9


For the three months ended March 31, 2019 and 2018, the Company recorded depreciation expense of $10.3 million and $11.7 million, respectively.