v3.25.4
Property, Plant and Equipment
 12 Months Ended
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)20252024
Land and improvements$4.4 $4.3 
Buildings and leasehold improvements74.3 68.0 
Capitalized software119.0 98.1 
Machinery, equipment and other221.8 217.3 
Gross property, plant and equipment419.5 387.7 
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.