Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2023

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,
	2023		2022
Land and improvements	$	33.9	$	30.2
Buildings and improvements		483.9		428.9
Machinery and equipment		2,628.4		2,377.3
Office equipment and other		430.3		387.2
		3,576.5		3,223.6
Accumulated depreciation		(2,261.8)		(2,019.3)
	$	1,314.7	$	1,204.3

Depreciation expense for the years ended December 31, 2023, 2022 and 2021 was $313.7, $306.1 and $302.9, respectively.