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LONG-LIVED ASSETS
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
LONG-LIVED ASSETS LONG-LIVED ASSETS
Included in Property, plant and equipment, net were the following:
March 31,December 31,March 31,
202620252025
Land$316.0 $314.1 $265.7 
Buildings2,719.8 2,667.3 1,196.9 
Machinery and equipment3,994.4 3,885.1 3,781.8 
Construction in progress506.1 520.0 1,689.3 
Property, plant and equipment, gross7,536.3 7,386.5 6,933.7 
Less allowances for depreciation3,330.4 3,249.1 3,270.3 
Property, plant and equipment, net$4,205.9 $4,137.4 $3,663.4 
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.