Property and Equipment (Notes)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

The following table presents the components of property and equipment, net (in millions):



	December 31,
	2014			2013
Buildings and improvements	$	154.1		$	159.2
Equipment and computer software	220.9			252.4
Land	18.9			20.2
Capital additions in process	8.4			5.0
Property and equipment, gross	402.3			436.8
Accumulated depreciation	(170.8		)	(189.2		)
Property and equipment, net	$	231.5		$	247.6

At December 31, 2014 and 2013, property and equipment held under capital leases were not material to our consolidated balance sheet.

Depreciation expense was $40.4 million, $38.3 million and $36.0 million for the years ended December 31, 2014, 2013 and 2012, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

VWR Funding, Inc. 10-K