XML 24 R14.htm IDEA: XBRL DOCUMENT v3.22.2.2
LONG-LIVED ASSETS
9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
LONG-LIVED ASSETS LONG-LIVED ASSETS
Included in Property, plant and equipment, net were the following:
September 30,December 31,September 30,
202220212021
Land$245.6 $257.7 $257.6 
Buildings1,133.6 1,157.8 1,077.6 
Machinery and equipment3,121.9 3,043.6 3,016.2 
Construction in progress453.2 205.4 231.6 
Property, plant and equipment, gross4,954.3 4,664.5 4,583.0 
Less allowances for depreciation2,913.1 2,797.2 2,755.8 
Property, plant and equipment, net$2,041.2 $1,867.3 $1,827.2 
In accordance with the Goodwill and Other Intangibles Topic of the ASC, goodwill and indefinite-lived intangible assets are tested for impairment annually during the fourth quarter, and interim impairment tests are performed whenever an event occurs or circumstances change that indicate an impairment has more likely than not occurred.