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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Summary of Estimated Useful Lives of the Assets Depreciation of property, plant and equipment is calculated using the straight-line method over the estimated useful lives of the assets as follows:

Description

 

Useful Life

Land

 

Buildings

 

40 years

Building improvements

 

Shorter of 40 years or remaining life of the building

Equipment and software

 

3-5 years

Furniture and fixtures

 

7-10 years

Leasehold improvements

 

Shorter of lease term or estimated useful life