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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
NOTE 4. PROPERTY, PLANT, AND EQUIPMENT
The classes of property, plant, and equipment as of December 31 are summarized as follows:
20252024
Land and improvements$35.1 $35.9 
Buildings and leasehold improvements159.5 143.7 
Machinery, equipment and other459.7 424.0 
Gross property, plant and equipment654.3 603.6 
Less: accumulated depreciation(468.7)(437.0)
Construction in progress28.6 33.6 
Property, plant and equipment, net$214.2 $200.2 
Property Sale
In March 2024, Test and Measurement segment sold land and certain office buildings for $90 million, for which all proceeds were transferred to the Former Parent in 2024. During the year ended December 31, 2024, Ralliant recorded a gain on sale of property of $63.1 million in the Consolidated and Combined Statements of (Loss) Earnings.