Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment, Net

9. Property, Plant and Equipment, Net

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

	2023			2022
Land	$	38.9		$	36.6
Building and leasehold improvements		498.1			434.5
Machinery, equipment, software and furniture and fixtures		586.9			462.6
		1,123.9			933.7
Less accumulated depreciation and amortization		(524.2	)		(446.7	)
Property, plant and equipment, net	$	599.7		$	487.0

Depreciation expense, which includes the amortization of leasehold improvements, for the years ended December 31, 2023, 2022 and 2021 was $67.8 million, $51.6 million and $51.8 million, respectively.