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Property, Plant and Equipment
9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant and Equipment

6. Property, Plant and Equipment

 

 

September 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

(in millions)

 

Land

 

$

22.5

 

 

$

22.5

 

Buildings and equipment

 

 

2,487.3

 

 

 

2,419.8

 

Capitalized software costs

 

 

631.8

 

 

 

623.8

 

Instruments

 

 

4,132.5

 

 

 

3,905.0

 

Construction in progress

 

 

328.2

 

 

 

286.3

 

 

 

 

7,602.3

 

 

 

7,257.4

 

Accumulated depreciation

 

 

(5,291.9

)

 

 

(5,050.3

)

Property, plant and equipment, net

 

$

2,310.4

 

 

$

2,207.1

 

We had $22.5 million and $11.7 million of property, plant and equipment included in accounts payable as of September 30, 2026 and December 31, 2025, respectively.