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Property, Plant and Equipment (Tables)
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Components of Property, Plant and Equipment

The components of property, plant, and equipment as of September 30, 2023 and December 31, 2022 are summarized as follows:

 

 

 

September 30,
2023

 

 

December 31,
2022

 

Land

 

$

14.5

 

 

$

17.9

 

Building and improvements

 

 

195.3

 

 

 

194.7

 

Machinery, equipment, and tooling

 

 

305.7

 

 

 

300.6

 

Furniture and fixtures

 

 

13.6

 

 

 

13.8

 

Computer hardware and software

 

 

133.0

 

 

 

129.4

 

Rental cranes

 

 

188.9

 

 

 

157.8

 

Construction in progress

 

 

8.4

 

 

 

8.4

 

Total cost

 

 

859.4

 

 

 

822.6

 

Less accumulated depreciation

 

 

(510.2

)

 

 

(487.3

)

Property, plant, and equipment — net

 

$

349.2

 

 

$

335.3