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Property, Plant and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net Property, Plant and Equipment, Net
Property, plant and equipment at cost and accumulated depreciation were as follows: 
 As of December 31,
(in millions)20242023
Land
$12.2 $9.0 
Building and building improvements
226.8 205.3 
Machinery and equipment672.7 572.2 
Furniture and fixtures20.8 18.1 
Leasehold improvements16.4 16.0 
Construction in process136.6 137.5 
Property, plant and equipment, gross1,085.5 958.1 
Less: accumulated depreciation
(362.4)(293.2)
Property, plant and equipment, net$723.1 $664.9 
Capitalized interest expense was $1.5 million, $1.6 million, and $1.3 million for the years ended December 31, 2024, 2023, and 2022, respectively. Depreciation expense related to property and equipment was $71.0 million, $62.6 million, and $56.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. Construction in process primarily consists of equipment and tooling expected to be placed into service during 2025.