PROPERTY AND EQUIPMENT, NET

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

Our property and equipment and accumulated depreciation balances were as follows:

(in millions)	March 31, 2023		December 31, 2022
Land and improvements	$	40.0	$	40.6
Buildings	63.3		55.6
Machinery and equipment	131.0		114.9
Other property and equipment	48.1		49.5
Construction-in-progress	84.0		96.6
Property and equipment, gross	366.4		357.2
Less: Accumulated depreciation	(106.2)		(103.1)
Property and equipment, net	$	260.2	$	254.1

Depreciation expense was $5.5 million and $5.8 million for the three months ended March 31, 2023 and March 31, 2022, respectively.