v3.25.4

Property, Plant and Equipment | 12 Months Ended
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Dec. 31, 2025
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | NOTE 6. PROPERTY, PLANT AND EQUIPMENT The classes of property, plant and equipment as of December 31 are summarized as follows:
($ in millions) | 2025 |  | 2024
Land and improvements | $ | 4.4 |  |  | $ | 4.3 |
Buildings and leasehold improvements | 74.3 |  |  | 68.0 |
Capitalized software | 119.0 |  |  | 98.1 |
Machinery, equipment and other | 221.8 |  |  | 217.3 |
Gross property, plant and equipment | 419.5 |  |  | 387.7 |
Less: accumulated depreciation | (290.0) |  |  | (267.5) |
Property, plant and equipment, net | $ | 129.5 |  |  | $ | 120.2 |
No interest was capitalized related to capitalized expenditures during the years ended December 31, 2025, 2024 and 2023. Depreciation expense related to property, plant and equipment was $26.3 million, $24.4 million and $23.2 million for the years ended December 31, 2025, 2024 and 2023, respectively.

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