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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
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