XML 28 R13.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
6 Property, Plant and Equipment
Property, plant and equipment consist of the following (in thousands):
 
 
 
 
 
 
 
 
 
 
    
December 31,
 
    
2023
   
2022
 
Land and land improvements
   $ 35,635     $ 34,663  
Buildings and leasehold improvements
     488,667       444,994  
Production and other equipment
     748,411       640,460  
Construction in progress
     118,492       164,222  
    
 
 
   
 
 
 
Total property, plant and equipment
     1,391,205       1,284,339  
Less: accumulated depreciation and amortization
     (752,132     (702,122
    
 
 
   
 
 
 
Property, plant and equipment, net
   $ 639,073     $ 582,217  
    
 
 
   
 
 
 
During 2023, 2022 and 2021, the Company retired and disposed of approximately $48 million, $24 million and $23 million of property, plant and equipment, respectively, most of which was fully depreciated and no longer in use. Gains or losses on disposals were immaterial for the years ended December 31, 2023, 2022 and 2021.