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Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT

v2.4.0.8
PROPERTY, PLANT AND EQUIPMENT
 6 Months Ended
Jun. 30, 2014
Property, Plant and Equipment [Abstract] Ìý
PROPERTY, PLANT AND EQUIPMENT
NOTE 5 - PROPERTY, PLANT AND EQUIPMENT
The following table indicates the value of each of the major classes of our consolidated depreciable assets as of JuneÌý30, 2014 and DecemberÌý31, 2013:
Ìý
(In Millions)
Ìý
JuneÌý30,
2014
Ìý
DecemberÌý31, 2013
Land rights and mineral rights
$
7,854.2

Ìý
$
7,819.6

Office and information technology
125.8

Ìý
125.7

Buildings
307.1

Ìý
255.2

Mining equipment
2,199.3

Ìý
1,819.3

Processing equipment
1,943.9

Ìý
2,148.6

Electric power facilities
114.6

Ìý
114.3

Port facilities
105.1

Ìý
99.4

Interest capitalized during construction
23.1

Ìý
23.8

Land improvements
54.5

Ìý
69.3

Other
89.6

Ìý
104.4

Construction in-progress
892.8

Ìý
991.3

Ìý
13,710.0

Ìý
13,570.9

Accumulated depreciation and depletion
(2,705.2
)
Ìý
(2,417.5
)
Ìý
$
11,004.8

Ìý
$
11,153.4


We recorded depreciation and depletion expense of $142.5 million and $280.9 million in the Statements of Unaudited Condensed Consolidated Operations for the three and six months ended JuneÌý30, 2014, respectively. This compares with depreciation and depletion expense of $138.9 million and $274.9 million for the three and six months ended JuneÌý30, 2013, respectively.
The accumulated amount of capitalized interest included within construction in-progress at JuneÌý30, 2014 is $31.2 million, of which $1.0 million was capitalized during 2014. At December 31, 2013, $31.4 million of capitalized interest was included within construction in-progress, of which $17.4 million was capitalized during 2013.