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

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

 

 

2023

 

 

2022

 

Land

 

$

14.9

 

 

$

17.9

 

Building and improvements

 

 

201.5

 

 

 

194.7

 

Machinery, equipment and tooling

 

 

318.4

 

 

 

300.6

 

Furniture and fixtures

 

 

13.8

 

 

 

13.8

 

Computer hardware and software

 

 

135.8

 

 

 

129.4

 

Rental cranes

 

 

201.9

 

 

 

157.8

 

Construction in progress

 

 

7.2

 

 

 

8.4

 

Total cost

 

 

893.5

 

 

 

822.6

 

Less accumulated depreciation

 

 

(527.4

)

 

 

(487.3

)

Property, plant and equipment — net

 

$

366.1

 

 

$

335.3