Property, Plant and Equipment

12 Months Ended

Dec. 31, 2024

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,
	2024		2023
Land	$	30.3	$	23.7
Buildings and improvements	427.8		371.9
Machinery and equipment	1,056.6		965.0
Finance leases	84.9		72.2
Construction in progress and equipment not yet in service	157.3		198.4
Total	1,756.9		1,631.2
Less accumulated depreciation	(956.8)		(910.8)
Property, plant and equipment, net	$	800.1	$	720.4

No impairment charges were recorded in 2024 or 2023, except to the extent of respective property, plant and equipment impaired in connection with the disposition of our European operations.