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Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

6. Property, Plant and Equipment

 

 

September 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(in millions)

 

Land

 

$

22.5

 

 

$

18.5

 

Buildings and equipment

 

 

2,420.9

 

 

 

2,273.1

 

Capitalized software costs

 

 

612.1

 

 

 

575.1

 

Instruments

 

 

3,894.0

 

 

 

3,589.6

 

Construction in progress

 

 

272.7

 

 

 

233.9

 

 

 

 

7,222.2

 

 

 

6,690.2

 

Accumulated depreciation

 

 

(5,027.9

)

 

 

(4,641.4

)

Property, plant and equipment, net

 

$

2,194.3

 

 

$

2,048.8

 

We had $17.6 million and $10.4 million of property, plant and equipment included in accounts payable as of September 30, 2025 and December 31, 2024, respectively.