December 31,

 

December 31,

(in millions)

 

2016

 

2015

Land

    

$

60.2

    

$

59.9

Buildings and leasehold improvements

 

 

342.5

 

 

324.6

Machinery and equipment

 

 

784.7

 

 

735.4

Projects in progress

 

 

57.5

 

 

34.6

 

 

 

1,244.9

 

 

1,154.5

Accumulated depreciation

 

 

(612.7)

 

 

(568.7)

Property, plant, and equipment, net

 

$

632.2

 

$

585.8