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Property, Plant and Equipment, net
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net
Property, plant and equipment, net consists of the following:
December 31, 2023December 31, 2022
Land$30.5 $30.1 
Buildings (including improvements)1,307.6 1,269.1 
Machinery and equipment2,460.6 2,365.1 
Tooling1,064.8 1,055.9 
Capitalized software338.4 336.1 
Construction-in-progress119.0 102.2 
Total5,320.9 5,158.5 
Less: accumulated depreciation(3,236.7)(2,952.6)
Property, plant and equipment, net$2,084.2 $2,205.9 

Capitalized interest was $5.2, $3.8, and $6.1 for the twelve months ended December 31, 2023, 2022 and 2021, respectively. Repair and maintenance costs are expensed as incurred. The Company recognized repair and maintenance costs of $176.9, $161.9, and $158.8 for the twelve months ended December 31, 2023, 2022, and 2021, respectively.
The Company capitalizes certain costs, such as software coding, installation and testing, that are incurred to purchase or to create and implement internal use computer software. Depreciation expense related to capitalized software was $22.7, $23.4, and $16.7 for the twelve months ended December 31, 2023, 2022, and 2021, respectively.
The Company reviews capital and amortizing intangible assets (long-lived assets) for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. There was no impairment for the twelve months ended December 31, 2023 and December 31, 2022.