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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net

8. Property, Plant and Equipment, Net

The following is a summary of property, plant and equipment, net by major asset class (in millions):

 

 

2022

 

 

2021

 

Land

 

$

36.6

 

 

$

34.1

 

Building and leasehold improvements

 

 

434.5

 

 

 

371.5

 

Machinery, equipment, software and furniture and fixtures

 

 

462.6

 

 

 

435.6

 

 

 

 

933.7

 

 

 

841.2

 

Less accumulated depreciation and amortization

 

 

(446.7

)

 

 

(435.1

)

Property, plant and equipment, net

 

$

487.0

 

 

$

406.1

 

 

Depreciation expense, which includes the amortization of leasehold improvements, for the years ended December 31, 2022, 2021 and 2020 was $51.6 million, $51.8 million and $44.7 million, respectively.