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Net Property, Plant and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Net Property, Plant and Equipment

Note 4 — Net Property, Plant and Equipment

 

 

 

December 31,

 

(In millions)

 

2021

 

 

2020

 

Land

 

$

109.2

 

 

$

107.0

 

Buildings

 

 

671.8

 

 

 

686.5

 

Equipment

 

 

2,076.7

 

 

 

2,108.8

 

Construction in progress

 

 

246.6

 

 

 

231.5

 

Finance lease

 

 

5.7

 

 

 

5.9

 

Property, plant and equipment

 

 

3,110.0

 

 

 

3,139.7

 

Less accumulated depreciation

 

 

(1,363.9

)

 

 

(1,265.5

)

Net property, plant and equipment

 

$

1,746.1

 

 

$

1,874.2

 

 

Depreciation expense related to property, plant and equipment for the years ended December 31, 2021, 2020 and 2019, was $131.0 million, $133.9 million and $134.7 million, respectively. Capitalized interest of $12.8 million, $13.4 million, and $12.7 million for 2021, 2020 and 2019, respectively, was included in construction in progress. Capitalized costs associated with software developed for internal use were not material for 2021, 2020 and 2019.