Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

v3.5.0.2
PROPERTY, PLANT AND EQUIPMENT
 6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
NOTE 4 - PROPERTY, PLANT AND EQUIPMENT
The following table indicates the value of each of the major classes of our consolidated depreciable assets as of June 30, 2016 and December 31, 2015:
 
(In Millions)
 
June 30,
2016
 
December 31,
2015
Land rights and mineral rights
$
500.5

 
$
500.5

Office and information technology
64.2

 
71.0

Buildings
60.5

 
60.4

Mining equipment
596.8

 
594.0

Processing equipment
519.3

 
516.8

Electric power facilities
49.4

 
46.4

Land improvements
24.8

 
24.8

Asset retirement obligation
67.1

 
87.9

Other
28.0

 
28.2

Construction in-progress
43.3

 
40.3

 
1,953.9

 
1,970.3

Allowance for depreciation and depletion
(960.8
)
 
(911.3
)
 
$
993.1

 
$
1,059.0


We recorded depreciation and depletion expense of $25.7 million and $59.5 million in the Statements of Unaudited Condensed Consolidated Operations for the three and six months ended June 30, 2016, respectively. This compares with depreciation and depletion expense of $29.5 million and $58.2 million for the three and six months ended and June 30, 2015, respectively.