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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Components of Property, Plant and Equipment

The components of property, plant and equipment as of December 31, 2022 and 2021 are summarized as follows:

 

 

2022

 

 

2021

 

Land

 

$

17.9

 

 

$

19.4

 

Building and improvements

 

 

194.7

 

 

 

203.4

 

Machinery, equipment and tooling

 

 

300.6

 

 

 

298.9

 

Furniture and fixtures

 

 

13.8

 

 

 

14.5

 

Computer hardware and software

 

 

129.4

 

 

 

125.6

 

Rental cranes

 

 

157.8

 

 

 

144.2

 

Construction in progress

 

 

8.4

 

 

 

15.1

 

Total cost

 

 

822.6

 

 

 

821.1

 

Less accumulated depreciation

 

 

(487.3

)

 

 

(462.3

)

Property, plant and equipment — net

 

$

335.3

 

 

$

358.8