Property and Equipment, Net

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

Property and Equipment, Net

Property and equipment consisted of the following:

	Useful Life (Years)			March 31, 2026		December 31, 2025
Land, buildings and improvements	1	—	40	$	36.5	$	36.1
Machinery	1	—	20	301.5		299.8
Equipment and furniture	1	—	15	250.6		248.6
ROU assets - finance leases	1	—	20	85.3		84.9
Total property and equipment				673.9		669.4
Less: Accumulated depreciation and amortization				(528.3)		(512.3)
Add: Construction in progress				3.4		4.0
Total property and equipment, net				$	149.0	$	161.1

Depreciation expense related to non-leased fixed assets was $16.9 and $19.0 for the three months ended March 31, 2026 and March 31, 2025, respectively. Finance lease amortization expense was $4.9 and $5.6, respectively, for the three months ended March 31, 2026 and March 31, 2025.