Property and Equipment, net (Tables)

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, net

The following table details our property and equipment, net.

(In millions)	March 31, 2024		December 31, 2023
Land and improvements	$	46.7	$	47.5
Buildings	837.8		835.8
Machinery and equipment	2,807.5		2,811.5
Other property and equipment	141.9		142.0
Construction-in-progress	230.0		227.0
Property and equipment, gross	4,063.9		4,063.8
Accumulated depreciation and amortization	(2,652.7)		(2,647.4)
Property and equipment, net	$	1,411.2	$	1,416.4

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 March 31,
(In millions)	2024		2023
Interest cost capitalized	$	3.3	$	2.5
Depreciation and amortization expense(1)	$	44.8	$	40.7

(1)Includes amortization expense of finance lease ROU assets of $2.0 million and $2.5 million for the three months ended March 31, 2024 and 2023, respectively.