Property Plant And Equipment

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Property Plant and Equipment

Property, Plant and Equipment

Property, plant and equipment at March 31, 2024 and December 31, 2023 was as follows (in millions):

	March 31, 2024		December 31, 2023
Land	$	31.6	$	32.3
Buildings and leasehold improvements	707.1		692.7
Equipment	3,060.1		3,024.3
	3,798.8		3,749.3
Accumulated depreciation and amortization	(2,109.9)		(2,083.4)
Total property, plant and equipment, net	$	1,688.9	$	1,665.9

The construction in progress portion of property, plant and equipment at March 31, 2024 was $343.3 million. Capital expenditures on the consolidated statement of cash flows for the quarters ended March 31, 2024 and April 2, 2023 exclude $33.0 million and $11.6 million, respectively, of accrued capital expenditures that were included in property, plant and equipment at March 31, 2024 and April 2, 2023, respectively.