Property and equipment at December 31, 2016 and 2015, and depreciation expense in the three years ended December 31, 2016 includes the following (in millions):
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|
|
As of December 31, 2016 |
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|
|
|
|
|
|
Accumulated |
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|
|
||
|
|
|
Cost |
|
Depreciation |
|
Net Book Value |
|
|||
|
Vessels |
|
$ |
1,416.1 |
|
$ |
840.7 |
|
$ |
575.4 |
|
|
Containers and equipment |
|
|
536.9 |
|
|
326.7 |
|
|
210.2 |
|
|
Terminal facilities and other property |
|
|
43.2 |
|
|
35.3 |
|
|
7.9 |
|
|
Vessel construction in progress |
|
|
124.5 |
|
|
— |
|
|
124.5 |
|
|
Other construction in progress |
|
|
31.2 |
|
|
— |
|
|
31.2 |
|
|
Total |
|
$ |
2,151.9 |
|
$ |
1,202.7 |
|
$ |
949.2 |
|
|
|
|
As of December 31, 2015 |
|
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|
|
|
|
|
|
Accumulated |
|
|
|
||
|
|
|
Cost |
|
Depreciation |
|
Net Book Value |
|
|||
|
Vessels |
|
$ |
1,384.8 |
|
$ |
787.4 |
|
$ |
597.4 |
|
|
Containers and equipment |
|
|
496.0 |
|
|
307.8 |
|
|
188.2 |
|
|
Terminal facilities and other property |
|
|
42.0 |
|
|
33.4 |
|
|
8.6 |
|
|
Vessel construction in progress |
|
|
30.0 |
|
|
— |
|
|
30.0 |
|
|
Other construction in progress |
|
|
36.1 |
|
|
— |
|
|
36.1 |
|
|
Total |
|
$ |
1,988.9 |
|
$ |
1,128.6 |
|
$ |
860.3 |
|