Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Total Government Assistance Recognized

The following table presents the total government assistance recognized during the year ended December 31, 2024 (in millions of dollars):

Grantor	Grant	Amount		Duration	Classification
Indiana Economic Development Corporation	IN EDGE Tax Credit	$	1.6	2021 - 2030	Cost of products sold, excluding depreciation and amortization
Total		$	1.6

Estimated Useful Lives of Property, Plant and Equipment

Depreciation is computed using the straight-line method at rates based on the estimated useful lives of the various classes of assets. Depreciable finance lease assets and leasehold improvements are amortized on a straight-line basis over the shorter of the estimated useful lives of the assets or the lease term. The estimated useful lives are as follows:

	Range (in years)
Land improvements	1-25
Buildings and leasehold improvements	2-45
Machinery and equipment	1-22
Depreciable finance lease assets	2-120