Property and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 9: Property and Equipment

Property and equipment consists of the following (in millions):

	As of December 31,
	2024		2023
Software	$	208.1	$	194.5
Leasehold improvements	264.1		256.0
Plant and equipment	124.9		121.0
Equipment under finance lease	150.6		134.5
Software under development	2.5		10.0
Construction in progress	10.0		12.7
	760.2		728.7
Less: Accumulated depreciation	(624.2)		(564.9)
Total Property and equipment, net	$	136.0	$	163.8

Depreciation and amortization expense associated with property and equipment was $76.3 million, $81.4 million, and $82.8 million for the years ended December 31, 2024, 2023 and 2022, respectively.