Property, Plant and Equipment

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

Components of Property, plant and equipment, net were as follows (in millions):

	As of December 31,
	2025		2024
Land	$	46.4	$	30.3
Buildings and improvements	475.1		427.8
Machinery and equipment	1,192.2		1,056.6
Finance leases	108.4		84.9
Construction in progress and equipment not yet in service	109.0		157.3
Total	1,931.1		1,756.9
Less accumulated depreciation	(1,043.9)		(956.8)
Property, plant and equipment, net	$	887.2	$	800.1

No impairment charges were recorded in 2025 or 2024.