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Property, Plant and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net

18. Property, Plant and Equipment, Net

The following is a summary of property, plant and equipment, net by major asset class (in millions):

 

 

2024

 

 

2023

 

Land

 

$

47.5

 

 

$

38.9

 

Building and leasehold improvements

 

 

540.7

 

 

 

498.1

 

Machinery, equipment, software and furniture and fixtures

 

 

640.1

 

 

 

586.9

 

 

 

1,228.3

 

 

 

1,123.9

 

Less accumulated depreciation and amortization

 

 

(559.0

)

 

 

(524.2

)

Property, plant and equipment, net

 

$

669.3

 

 

$

599.7

 
Depreciation expense, which includes the amortization of finance lease right-of-use assets and leasehold improvements, for the years ended December 31, 2024, 2023 and 2022 was $84.7 million, $67.8 million and $51.6 million, respectively.