XML 26 R17.htm IDEA: XBRL DOCUMENT v3.23.3
Property, Plant and Equipment
9 Months Ended
Sep. 30, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant And Equipment Property, Plant and Equipment
Property, plant and equipment consist of the following:
September 30, 2023December 31, 2022
(In thousands)
Land$211,485 $214,763 
Buildings and improvements1,830,185 1,817,135 
Machinery and equipment6,944,817 6,757,652 
Finance lease assets193,174 165,122 
Furniture, fixtures and other equipment22,547 23,240 
Software and computer equipment244,422 240,610 
Construction in progress451,855 152,809 
Total property, plant and equipment9,898,485 9,371,331 
Accumulated depreciation and amortization(6,577,018)(6,235,717)
Total property, plant and equipment, net$3,321,467 $3,135,614 

The following table summarizes our depreciation expense:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
 2023202220232022
 (In thousands)
Depreciation expense$157,610 $156,192 $471,967 $455,230 
As of September 30, 2023 and December 31, 2022, we had $321.8 million and $79.6 million of costs, including capitalized interest of $5.5 million and $0.7 million, respectively, in construction in progress for the Vietnam Facility. In October 2023, we completed the initial phase of construction for our Vietnam Facility and will transfer approximately $240 million from construction in progress to buildings and improvements.