Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant, and Equipment, Net

Property, Plant and Equipment, Net

Note 3—Property, Plant and Equipment, Net

The components of Property, plant and equipment, net are summarized as follows:

	December 31,
	2022		2021
Land and improvements	$	30.2	$	34.9
Buildings and improvements		428.9		420.6
Machinery and equipment		2,377.3		2,332.3
Office equipment and other		387.2		349.1
		3,223.6		3,136.9
Accumulated depreciation		(2,019.3)		(1,961.6)
	$	1,204.3	$	1,175.3

Depreciation expense for the years ended December 31, 2022, 2021 and 2020 was $306.1, $302.9 and $252.7, respectively.