PP&E, NET

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

PP&E, NET

PP&E, NET:

    PP&E are comprised of the following:

	December 31
	2024		2023
Land	$	32.9	$	33.7
Buildings including improvements	488.7		402.2
Machinery and equipment	912.5		917.9
Finance lease ROU assets	98.1		94.7
	$	1,532.2	$	1,448.5
Less: accumulated amortization	(995.0)		(924.5)
PP&E, net	$	537.2	$	524.0

Depreciation expense of PP&E was $108.3 in 2024 (2023 — $91.1; 2022 — $75.8). In each of 2024, 2023 and 2022, depreciation expense of PP&E was split approximately evenly between our two segments.

We review the carrying amount of PP&E for impairment whenever events or changes in circumstances (triggering events) indicate that the carrying amount of an asset or asset groups may not be recoverable. We did not identify any triggering event during the course of 2022 through 2024 indicating that the carrying amount of such asset or asset groups may not be recoverable.