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PLANT, PROPERTY AND EQUIPMENT, NET (Tables) | 6 Months Ended
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Jul. 01, 2023
Property, Plant and Equipment [Abstract] |
Plant, Property and Equipment, Net Table | The following table summarizes our property, plant, and equipment, net of accumulated depreciation.
| Useful life (in years) |  | July 1, 2023 |  | December 31, 2022
Machinery and equipment | 2 - 10 |  | $ | 1,272.0 |  |  | $ | 1,208.3 |
Buildings and improvements | 5 - 40 |  | 284.5 |  |  | 277.6 |
Furniture, fixtures and office equipment | 3 - 7 |  | 82.4 |  |  | 80.5 |
Construction work in progress |  |  | 73.9 |  |  | 86.9 |
Land and improvements |  |  | 29.1 |  |  | 29.3 |
Other |  |  | 3.1 |  |  | 3.3 |
Plant, property and equipment, gross |  |  | 1,745.0 |  |  | 1,685.9 |
Less: Accumulated depreciation |  |  | (1,216.3) |  |  | (1,159.1) |
Plant, property and equipment, net |  |  | $ | 528.7 |  |  | $ | 526.8 |
The following table summarizes our depreciation expense.
| Three Months Ended |  | Six Months Ended
| July 1, 2023 |  | July 2, 2022 |  | July 1, 2023 |  | July 2, 2022
Depreciation expense | $ | 20.4 |  |  | $ | 21.0 |  |  | $ | 41.1 |  |  | $ | 42.0 |

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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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