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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 were as follows (dollars in millions):

 

 

 

March 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Land and land improvements

 

$

199.1

 

 

$

197.8

 

Buildings

 

 

1,091.3

 

 

 

1,090.4

 

Machinery and equipment

 

 

7,021.3

 

 

 

7,006.7

 

Construction in progress

 

 

395.9

 

 

 

335.8

 

Other

 

 

178.6

 

 

 

177.0

 

Property, plant and equipment, at cost

 

 

8,886.2

 

 

 

8,807.7

 

Less accumulated depreciation

 

 

(5,021.7

)

 

 

(4,943.9

)

Property, plant, and equipment, net

 

$

3,864.5

 

 

$

3,863.8