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Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment Depreciation is calculated by the straight-line method over the estimated useful lives of depreciable assets which are as follows:
Buildings and improvements
10 to 40 years
Machinery and equipment
2 to 7 years
Software and computer equipment
3 to 5 years
Furniture, fixtures and other equipment
4 to 10 years
Property, plant and equipment consist of the following:
December 31,
20242023
(In thousands)
Land$246,953 $212,722 
Buildings and improvements2,239,481 2,080,589 
Machinery and equipment7,389,787 7,022,614 
Finance lease assets274,302 209,506 
Furniture, fixtures and other equipment18,652 22,655 
Software and computer equipment215,031 200,362 
Construction in progress185,351 223,332 
Total property, plant and equipment10,569,557 9,971,780 
Accumulated depreciation and amortization(6,993,409)(6,672,335)
Total property, plant and equipment, net$3,576,148 $3,299,445 
The following table summarizes our depreciation expense:
For the Year Ended December 31,
 202420232022
 (In thousands)
Depreciation expense$594,141 $630,941 $612,105