XML 49 R35.htm IDEA: XBRL DOCUMENT v3.22.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of property, plant and equipment useful life Estimated useful lives by asset class are as follows:
Average useful life
(in years)
Buildings and building improvements5to20
Machinery, equipment and fixtures3to15
Computer hardware and software3to7
Furniture and automobiles3to7
Leasehold improvements
Lesser of useful life
or lease term
The major components of property, plant and equipment, net were as follows:
December 31,
  (dollars in millions)
20222021
Land and leasehold improvements$52.0 $54.8 
Buildings and improvements163.9 162.0 
Machinery, equipment, fixtures and software299.8 290.6 
Construction in process50.3 37.7 
Total property, plant and equipment566.0 545.1 
Accumulated depreciation (288.8)(267.0)
Property, plant and equipment, net$277.2 $278.1