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Property, Plant and Equipment
9 Months Ended
Sep. 30, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant And Equipment Property, Plant and Equipment
Property, plant and equipment consist of the following:
September 30, 2025December 31, 2024
(In thousands)
Land$248,179 $246,953 
Buildings and improvements2,332,839 2,239,481 
Machinery and equipment7,899,296 7,389,787 
Finance lease assets245,297 274,302 
Furniture, fixtures and other equipment19,120 18,652 
Software and computer equipment226,290 215,031 
Construction in progress226,424 185,351 
Total property, plant and equipment11,197,445 10,569,557 
Accumulated depreciation and amortization(7,364,437)(6,993,409)
Total property, plant and equipment, net$3,833,008 $3,576,148 

The following table summarizes our depreciation expense:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
 2025202420252024
 (In thousands)
Depreciation expense$163,493 $150,470 $475,911 $445,074 

In September 2025, we amended certain finance lease agreements to accelerate the purchase of the underlying assets in October for $34.7 million, and we separately entered into an agreement to sell these assets along with additional existing machinery and equipment in November 2025 for $103.6 million. We expect to recognize a pre-tax gain on sale of approximately $34 million upon completion of the sale.