Property and Equipment, net (Tables)

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, net

The following table details our property and equipment, net.

(In millions)	June 30, 2023		December 31, 2022
Land and improvements	$	46.9	$	44.1
Buildings	802.3		783.1
Machinery and equipment	2,775.1		2,612.3
Other property and equipment	140.0		124.5
Construction-in-progress	225.8		222.4
Property and equipment, gross	3,990.1		3,786.4
Accumulated depreciation and amortization	(2,580.1)		(2,510.5)
Property and equipment, net	$	1,410.0	$	1,275.9

Interest Cost Capitalized and Depreciation and Amortization Expense for Property and Equipment

The following table details our interest cost capitalized and depreciation and amortization expense for property and equipment and finance lease ROU assets.

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2023		2022		2023		2022
Interest cost capitalized	$	3.3	$	2.0	$	5.8	$	3.7
Depreciation and amortization expense(1)	$	43.5	$	36.8	$	84.2	$	72.7

(1)Includes amortization expense of finance lease ROU assets of $2.3 million and $4.8 million for the three and six months ended June 30, 2023, respectively, and $2.6 million and $5.3 million for the three and six months ended June 30, 2022, respectively.