Property, Plant and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

Components of Property, plant and equipment, net were as follows (in millions):

	As of December 31,
	2023		2022
Land	$	23.7	$	24.1
Buildings and improvements	371.9		321.6
Machinery and equipment	965.0		964.7
Finance leases	72.2		66.5
Construction in progress and equipment not yet in service	198.4		92.8
Total	1,631.2		1,469.7
Less accumulated depreciation	(910.8)		(920.8)
Property, plant and equipment, net	$	720.4	$	548.9

No impairment charges were recorded in 2023 or 2022, except to the extent of respective property, plant and equipment impaired as part of the disposition of our European operations.