Property, Plant and Equipment

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant, and Equipment

Property, plant, and equipment, carried at cost, is summarized as follows at December 31, (in millions): 

	2021		2020
Land	$	28.1	$	27.1
Buildings and improvements	209.7		213.7
Machinery, tools, and equipment	846.6		812.9
Construction-in-progress	69.5		53.7
Gross property, plant, and equipment	1,153.9		1,107.4
Less accumulated depreciation	(694.4)		(668.7)
PROPERTY, PLANT, AND EQUIPMENT, NET	$	459.5	$	438.7

Depreciable lives on buildings range between 20-45 years. Depreciable lives on machinery, tools, and equipment range between 3-15 years. The Company recorded depreciation expense of $61.7 million, $61.7 million and $60.2 million for 2021, 2020 and 2019, respectively.