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Property, Plant and Equipment (Tables)
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Components of Property, Plant and Equipment

The components of property, plant, and equipment as of March 31, 2024 and December 31, 2023 are summarized as follows:

 

 

March 31,
2024

 

 

December 31,
2023

 

Land

 

$

14.7

 

 

$

14.9

 

Building and improvements

 

 

199.6

 

 

 

201.5

 

Machinery, equipment, and tooling

 

 

320.7

 

 

 

318.4

 

Furniture and fixtures

 

 

13.3

 

 

 

13.8

 

Computer hardware and software

 

 

134.8

 

 

 

135.8

 

Rental cranes

 

 

199.3

 

 

 

201.9

 

Construction in progress

 

 

6.7

 

 

 

7.2

 

Total cost

 

 

889.1

 

 

 

893.5

 

Less: accumulated depreciation

 

 

(531.6

)

 

 

(527.4

)

Property, plant, and equipment - net

 

$

357.5

 

 

$

366.1