Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.19.3
Property, Plant and Equipment
9 Months Ended
Sep. 30, 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) September 30, 2019 December 31, 2018
Land and leasehold improvements $ 66.4    $ 67.8   
Buildings and improvements 102.9    101.0   
Machinery, equipment, fixtures and software 209.5    207.3   
Construction in process 15.1    14.9   
Total property, plant and equipment 393.9    391.0   
Accumulated depreciation (143.9)   (124.1)  
Property, plant and equipment, net $ 250.0    $ 266.9   
For the three months ended September 30, 2019 and 2018, the Company recorded depreciation expense of $10.1 million and $10.9 million, respectively. For the nine months ended September 30, 2019 and 2018, the Company recorded depreciation expense of $30.8 million and $33.8 million, respectively.