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Net Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Net Property, Plant and Equipment

Note 4 — Net Property, Plant and Equipment

 

 

 

December 31,

 

(In millions)

 

2022

 

 

2021

 

Land

 

$

106.9

 

 

$

109.2

 

Buildings

 

 

656.2

 

 

 

671.8

 

Equipment

 

 

2,029.3

 

 

 

2,076.7

 

Construction in progress

 

 

290.0

 

 

 

246.6

 

Finance lease

 

 

5.5

 

 

 

5.7

 

Property, plant and equipment

 

 

3,087.9

 

 

 

3,110.0

 

Less accumulated depreciation

 

 

(1,430.1

)

 

 

(1,363.9

)

Net property, plant and equipment

 

$

1,657.8

 

 

$

1,746.1

 

 

Depreciation expense related to property, plant and equipment for the years ended December 31, 2022, 2021 and 2020, was $119.4 million, $131.0 million and $133.9 million, respectively. Capitalized interest of $12.3 million, $12.8 million, and $13.4 million for 2022, 2021 and 2020, respectively, was included in construction in progress. Capitalized costs associated with software developed for internal use were not material for 2022, 2021 and 2020.