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Property, Plant and Equipment | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | Property, Plant and Equipment Components of Property, plant and equipment, net were as follows (in millions):
| As of December 31,
| 2024 |  | 2023
Land | $ | 30.3 |  |  | $ | 23.7 |
Buildings and improvements | 427.8 |  |  | 371.9 |
Machinery and equipment | 1,056.6 |  |  | 965.0 |
Finance leases | 84.9 |  |  | 72.2 |
Construction in progress and equipment not yet in service | 157.3 |  |  | 198.4 |
Total | 1,756.9 |  |  | 1,631.2 |
Less accumulated depreciation | (956.8) |  |  | (910.8) |
Property, plant and equipment, net | $ | 800.1 |  |  | $ | 720.4 |
No impairment charges were recorded in 2024 or 2023, except to the extent of respective property, plant and equipment impaired in connection with the disposition of our European operations.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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