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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Included in Property, plant and equipment, net were the following:
202520242023
Land$314.1 $259.9 $257.5 
Buildings2,667.3 1,175.9 1,048.7 
Machinery and equipment3,885.1 3,689.5 3,459.8 
Construction in progress520.0 1,598.1 1,111.0 
Property, plant and equipment, gross7,386.5 6,723.4 5,877.0 
Less allowances for depreciation3,249.1 3,190.2 3,040.2 
Property, plant and equipment, net$4,137.4 $3,533.2 $2,836.8 
The Company capitalizes interest costs incurred in the construction of certain property, plant and equipment. The Company capitalized interest of $46.1 million, $59.6 million and $30.7 million in 2025, 2024 and 2023, respectively.
In accordance with the Property, Plant and Equipment Topic of the ASC, whenever events or changes in circumstances indicate that the carrying value of long-lived assets may not be recoverable or the useful life may have changed, an impairment test is to be performed. Undiscounted cash flows are used to calculate the recoverable value of long-lived assets to determine if such assets are not recoverable. If the carrying value of the assets is deemed to not be recoverable, the impairment to be recognized is the amount by which the carrying value of the assets exceeds the estimated fair value of the assets as determined in accordance with the Fair Value Topic of the ASC. See Note 3 for further information on the impairment tests performed in 2023 for the assets held for sale prior to the divestiture of the China architectural business. No other material impairments of Property, plant and equipment were recorded in 2025, 2024 or 2023.