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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

6. Property, Plant and Equipment

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

(in millions)

 

Land

 

$

22.5

 

 

$

22.5

 

Buildings and equipment

 

 

2,428.7

 

 

 

2,419.8

 

Capitalized software costs

 

 

630.6

 

 

 

623.8

 

Instruments

 

 

3,964.9

 

 

 

3,905.0

 

Construction in progress

 

 

257.9

 

 

 

286.3

 

 

 

 

7,304.6

 

 

 

7,257.4

 

Accumulated depreciation

 

 

(5,092.9

)

 

 

(5,050.3

)

Property, plant and equipment, net

 

$

2,211.7

 

 

$

2,207.1

 

We had $24.5 million and $11.7 million of property, plant and equipment included in accounts payable as of March 31, 2026 and December 31, 2025, respectively.