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Property, Plant, and Equipment
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

9. Property, Plant, and Equipment

The components of property, plant, and equipment were as follows (dollars in millions):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Land and land improvements

 

$

192.5

 

 

$

189.8

 

Buildings

 

 

973.6

 

 

 

938.7

 

Machinery and equipment

 

 

6,359.6

 

 

 

6,159.1

 

Construction in progress

 

 

607.0

 

 

 

481.0

 

Other

 

 

122.2

 

 

 

102.9

 

Property, plant and equipment, at cost

 

 

8,254.9

 

 

 

7,871.5

 

Less accumulated depreciation

 

 

(4,492.0

)

 

 

(4,342.5

)

Property, plant, and equipment, net

 

$

3,762.9

 

 

$

3,529.0

 

Depreciation expense for the three months ended June 30, 2022 and 2021 was $103.5 million and $94.5 million, respectively. During the six months ended June 30, 2022 and 2021, depreciation expense was $202.1 million and $184.5 million, respectively. We recognized $1.7 million of incremental depreciation expense during the six months ended June 30, 2022 as a result of Jackson mill conversion-related activities. We recognized $2.1 million of incremental depreciation expense during the six months ended June 30, 2021 as a result of closure costs related to corrugated products facilities and Jackson mill conversion-related activities.

At June 30, 2022 and December 31, 2021, purchases of property, plant, and equipment included in accounts payable were $118.3 million and