Property, Plant and Equipment

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

The major components of property, plant and equipment were as follows:

(dollars in millions)	June 30, 2020		December 31, 2019
Land and leasehold improvements	$	67.2	$	68.6
Buildings and improvements	115.1		113.5
Machinery, equipment, fixtures and software	221.5		220.0
Construction in process	20.0		16.0
Total property, plant and equipment	423.8		418.1
Accumulated depreciation	(169.6)		(153.3)
Property, plant and equipment, net	$	254.2	$	264.8

For the three months ended June 30, 2020 and 2019, the Company recorded depreciation expense of $10.5 million and $10.4 million, respectively. For the six months ended June 30, 2020 and 2019, the Company recorded depreciation expense of $21.0 million and $20.7 million, respectively.