Property, Plant and Equipment

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 11: Property, Plant and Equipment

Property, plant and equipment are recorded at historical cost, net of accumulated depreciation. Accumulated depreciation on property, plant and equipment was $2,998.3 million and $2,931.2 million as of March 31, 2026 and December 31, 2025, respectively. For the three months ended March 31, 2026 and 2025, depreciation expense totaled approximately $67.9 million and $71.4 million,