Property and Equipment, net (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, Net

The following table details our property and equipment, net. 

	December 31,
(In millions)	2023		2022
Land and improvements	$	47.5	$	44.1
Buildings	835.8		783.1
Machinery and equipment	2,811.5		2,612.3
Other property and equipment	142.0		124.5
Construction-in-progress	227.0		222.4
Property and equipment, gross	4,063.8		3,786.4
Accumulated depreciation and amortization	(2,647.4)		(2,510.5)
Property and equipment, net	$	1,416.4	$	1,275.9

Interest Cost Capitalized and Depreciation and Amortization Expense for Property and Equipment

The following table details our interest cost capitalized and depreciation and amortization expense for property and equipment and finance lease ROU assets. 

	Year Ended December 31,
(In millions)	2023		2022		2021
Interest cost capitalized	$	13.1	$	8.9	$	6.8
Depreciation and amortization expense(1)	$	170.7	$	148.5	$	147.6

(1)Includes amortization expense of finance lease ROU assets of $10.0 million, $10.5 million, and $10.6 million for the years ended December 31, 2023, 2022 and 2021, respectively.