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PROPERTY, PLANT & EQUIPMENT (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Schedule of Property, Plant and Equipment | Balances of major classes of assets and allowances for depreciation, depletion and amortization at December 31 are as follows:
in millions | 2024 | 2023
Land and land improvements 1 | $ | 5,804.8 |  | $ | 4,292.6 |
Buildings | 304.4 |  | 204.4 |
Machinery and equipment | 7,717.2 |  | 6,785.5 |
Finance leases (see Note 7) | 54.7 |  | 62.3 |
Deferred asset retirement costs | 235.6 |  | 171.3 |
Construction in progress | 400.1 |  | 319.4 |
Total, gross property, plant & equipment | $ | 14,516.8 |  | $ | 11,835.5 |
Allowances for depreciation, depletion and amortization | (6,055.3) |  | (5,617.8) |
Total, net property, plant & equipment | $ | 8,461.5 |  | $ | 6,217.7 |
1 Includes depletable land of $4,015.7 million and $2,684.4 million as of December 31, 2024 and 2023, respectively.
Schedule of Capitalized Interest Costs and Total Interest Costs Incurred | Capitalized interest costs with respect to qualifying construction projects and total interest costs incurred before recognition of the capitalized amount for the years ended December 31 are as follows:
in millions | 2024 | 2023 | 2022
Capitalized interest cost | $ | 4.0 |  | $ | 3.7 |  | $ | 3.6 |
Total interest cost incurred before recognition of the capitalized amount | 195.2 |  | 199.8 |  | 172.8 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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- Definition Tabular disclosure of the amount of interest capitalized and total interest cost incurred during the period. + References No definition available. + Details
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