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Selected Financial Data | 9 Months Ended
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Sep. 30, 2024
Inventory Disclosure [Abstract] |
Selected Financial Data | Selected Financial Data Selected financial data as of the dates presented below is as follows (in millions, except useful life data):
|  |  | September 30, 2024 |  | December 31, 2023
Inventories: |  |  |  |  |
Finished goods |  |  | $ | 510.9 |  |  | $ | 623.1 |
Work in process |  |  | 1.2 |  |  | 1.4 |
Raw materials |  |  | 147.6 |  |  | 163.7 |
Food and beverage |  |  | 6.7 |  |  | 6.2 |
|  |  | $ | 666.4 |  |  | $ | 794.4 |
|  |  | September 30, 2024 |  | December 31, 2023
Other current assets: |  |  |  |  |
Credit card and other receivables(1) |  |  | $ | 45.8 |  |  | $ | 100.8 |
Sales return reserve cost recovery asset |  |  | 43.6 |  |  | 25.7 |
Taxes receivable(1) |  |  | 21.8 |  |  | 8.2 |
Leasing receivables |  |  | 35.9 |  |  | 26.9 |
Other(1) |  |  | 15.8 |  |  | 21.5 |
|  |  | $ | 162.9 |  |  | $ | 183.1 |
(1) Amounts as of December 31, 2023 have been recast to conform to current period presentation.
| Estimated Useful Life |  | September 30, 2024 |  | December 31, 2023
Property, plant and equipment, net: |  |  |  |  |
Land |  |  | $ | 198.8 |  |  | $ | 185.2 |
Buildings and leasehold improvements | 3 - 40 years |  | 1,782.6 |  |  | 1,603.9 |
Machinery and equipment | 2 - 10 years |  | 313.6 |  |  | 289.8 |
Furniture, computer hardware and equipment | 3 - 5 years |  | 419.4 |  |  | 380.0 |
Internal-use software | 3 - 5 years |  | 146.4 |  |  | 136.2 |
Production molds | 2 - 5 years |  | 10.9 |  |  | 10.0 |
Construction-in-process |  |  | 179.6 |  |  | 210.3 |
|  |  | 3,051.3 |  |  | 2,815.4 |
Less: Accumulated depreciation |  |  | 835.8 |  |  | 658.9 |
|  |  | $ | 2,215.5 |  |  | $ | 2,156.5 |
Depreciation expense is recognized in cost of products, other venue expenses, research and development expenses, and selling, general and administrative expenses on the condensed consolidated statement of operations, consistent with the use of the underlying asset. For the three months ended September 30, 2024 and 2023, we recorded total depreciation expense of $65.2 million and $58.2 million, respectively, in our condensed consolidated statements of operations. For the nine months ended September 30, 2024 and 2023, we recorded total depreciation expense of $190.5 million and $164.5 million, respectively, in our condensed consolidated statements of operations.
(in millions) | September 30, 2024 |  | December 31, 2023
Accounts payable and accrued expenses: |  |  |
Accounts payable | $ | 123.1 |  |  | $ | 130.7 |
Accrued expenses | 194.0 |  |  | 202.1 |
Accrued inventory | 136.3 |  |  | 147.7 |
| $ | 453.4 |  |  | $ | 480.5 |

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
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