Property, Plant and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

(In millions)	2023		2022
Land and improvements	$	3.5	3.1
Buildings and improvements	225.9		221.1
Machinery, equipment and software	706.7		672.4
	936.1		896.6
Less accumulated depreciation	618.9		654.5
	317.2		242.1
Tools, dies and molds, net of accumulated depreciation	44.7		62.4
	361.9		304.5
Right of use assets	208.4		239.6
Less accumulated depreciation	81.7		121.3
Total property, plant and equipment, net	$	488.6	422.8

Expenditures for maintenance and repairs which do not materially extend the life of the assets are charged to operations as incurred. In 2023, 2022 and 2021 the Company recorded $127.7 million, $127.3 million and $163.3 million, respectively, of depreciation expense.

See note 17 for additional discussion on right of use assets.