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Property, Plant and Equipment (Tables)
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Components of Property, Plant and Equipment

The components of property, plant, and equipment as of March 31, 2023 and December 31, 2022 are summarized as follows:

 

 

March 31,
2023

 

 

December 31,
2022

 

Land

 

$

14.7

 

 

$

17.9

 

Building and improvements

 

 

197.0

 

 

 

194.7

 

Machinery, equipment, and tooling

 

 

305.3

 

 

 

300.6

 

Furniture and fixtures

 

 

14.0

 

 

 

13.8

 

Computer hardware and software

 

 

130.5

 

 

 

129.4

 

Rental cranes

 

 

159.4

 

 

 

157.8

 

Construction in progress

 

 

10.4

 

 

 

8.4

 

Total cost

 

 

831.3

 

 

 

822.6

 

Less: accumulated depreciation

 

 

(499.7

)

 

 

(487.3

)

Property, plant, and equipment - net

 

$

331.6

 

 

$

335.3