XML 33 R15.htm IDEA: XBRL DOCUMENT v3.22.0.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

7.

Property, Plant and Equipment

Property, plant and equipment consisted of the following (in millions):

 

 

 

As of December 31,

 

 

 

2021

 

 

2020

 

Land

 

$

27.3

 

 

$

27.7

 

Building and equipment

 

 

2,311.4

 

 

 

2,197.8

 

Capitalized software costs

 

 

496.7

 

 

 

455.8

 

Instruments

 

 

3,776.2

 

 

 

3,518.3

 

Construction in progress

 

 

124.0

 

 

 

125.3

 

 

 

 

6,735.6

 

 

 

6,324.9

 

Accumulated depreciation

 

 

(4,719.1

)

 

 

(4,277.2

)

Property, plant and equipment, net

 

$

2,016.5

 

 

$

2,047.7

 

 

Depreciation expense was $451.7 million, $435.1 million and $421.8 million for the years ended December 31, 2021, 2020 and 2019, respectively.

 

We had $11.6 million and $24.4 million of property, plant and equipment included in accounts payable as of December 31, 2021 and 2020, respectively.