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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Estimated useful life of Property, Plant, and Equipment, Net

Property, Plant, and Equipment, Net

Our property, plant, and equipment assets are stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the shorter of the remaining lease term or estimated useful life of the related assets, which are generally as follows:

 

Buildings

 

40 years

Building improvements

 

5 years

Machinery and equipment

 

4-6 years

Computer equipment

 

3-4 years

Definite lived Intangible Assets Amortization Expense Definite-lived assets are amortized on a straight-line basis generally over the following periods:

 

Customer lists and relationships

 

5-15 years

Trade name

 

3-5 years

Technology

 

3-4 years