Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2022

4. Property, Plant and Equipment

Property, plant and equipment consist of the following:


	December 31,
	2022		2021

	(in millions)
Distribution facilities	$	1,341.1	$	1,238.3
Customer premise equipment		272.3		267.7
Head-end equipment		256.7		228.5
Computer equipment and software		156.4		132.5
Telephony infrastructure		52.4		52.4
Buildings and leasehold improvements		33.4		32.1
Vehicles		22.9		23.7
Office and technical equipment		19.1		18.9
Land		4.4		4.4
Construction in progress (including material inventory and other) (1)		43.5		34.9
Total property, plant and equipment		2,202.2		2,033.4
Less accumulated depreciation		(1,476.4)		(1,311.1)
	$	725.8	$	722.3

(1)

As of December 31, 2021, includes $1.2 million of funding received from the CAF BLS recorded as a reduction to the carrying value of network construction in progress. No such amount is included as of December 31, 2022 as all network construction requirements were completed during the year ended December 31, 2022. Refer to Note 3 – Revenue from Contracts with Customers for a discussion of government funding received by the Company.

Depreciation expense for the years ended December 31, 2022, 2021 and 2020 was $178.9 million, $168.9 million, and $150.1 million, respectively. Included in depreciation and amortization expense in the consolidated statement of operations for the year ended December 31, 2022 were net gains on sales of operating assets of $1.1 million. No such gains were included in depreciation and amortization expense for the years ended December 31, 2021 and 2020.

The Company recognized insignificant asset write-offs for the years ended December 31, 2022, 2021 and 2020.