星空传媒 Inc. Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

3 Months Ended

Mar. 31, 2020

听

Depreciation and depletion is recorded over the following estimated useful lives:



Asset Class	听	Basis	听	Life
Land, land improvements and mineral rights	听	听	听	听
Land and mineral rights	听	Units of production	听	Life of mine
Land improvements	听	Straight line	听	20 to 45 years
Buildings	听	Straight line	听	40 to 45 years
Mining and Pelletizing equipment	听	Straight line/Double declining balance	听	3 to 20 years
Steel and Manufacturing equipment	听	Straight line/Double declining balance	听	3 to 20 years

The following table indicates the carrying value of each of the major classes of our depreciable assets:



听	(In Millions)
听	March听31, 2020			听	December听31, 2019
Land, land improvements and mineral rights	$	652.7		听	$	582.2
Buildings	452.5			听	157.8
Mining and Pelletizing equipment	1,431.8			听	1,413.6
Steel and Manufacturing equipment	2,140.9			听	42.0
Other	123.0			听	101.5
Construction-in-progress	1,011.3			听	730.3
Total property, plant and equipment¹	5,812.2			听	3,027.4
Allowance for depreciation and depletion	(1,262.4		)	听	(1,098.4		)
Property, plant and equipment, net	$	4,549.8		听	$	1,929.0

¹Includes right-of-use assets related to finance leases of $84.2 million and $49.0 million as of March 31, 2020 and December 31, 2019, respectively.

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[1]	¹Includes right-of-use assets related to finance leases of $84.2 million and $49.0 million as of March 31, 2020 and December 31, 2019, respectively.