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PROPERTY, PLANT AND EQUIPMENT | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
PROPERTY, PLANT AND EQUIPMENT | PROPERTY, PLANT AND EQUIPMENT Major classes of property, plant and equipment were as follows:
| December 31, 2024 |  | December 31, 2023
| (U.S. Dollars in thousands)
Land and land improvements | $ | 515,622 |  |  | $ | 548,847 |
Buildings and leasehold improvements | 305,814 |  |  | 300,258 |
Machinery and equipment | 334,849 |  |  | 328,006 |
Computer software | 76,697 |  |  | 76,997 |
Vessels and containers | 206,174 |  |  | 195,218 |
Machinery and equipment and vessel containers under finance leases | 100,116 |  |  | 47,209 |
Construction in progress | 41,679 |  |  | 50,474 |
Property, plant and equipment, gross | 1,580,951 |  |  | 1,547,009 |
Accumulated depreciation | (498,895) |  |  | (444,775) |
Property, plant and equipment, net | $ | 1,082,056 |  |  | $ | 1,102,234 |
Depreciation is computed using the straight-line method over the estimated useful lives of the assets as follows:
|  | Years
Land improvements |  | 1 to 30
Buildings and leasehold improvements* |  | 2 to 50
Machinery and equipment |  | 1 to 25
Computer software |  | 2 to 10
Vessels and containers |  | 1 to 30
Machinery and equipment and vessel containers under finance leases |  | Shorter of lease term or useful life
*Leasehold improvements are depreciated using the shorter of the useful life or life of the lease. Depreciation expense on property, plant and equipment totaled $91.3 million, $94.0 million and $98.7 million for the years ended December 31, 2024, December 31, 2023 and December 31, 2022, respectively, excluding pineapple bearer plants. During the year ended December 31, 2022, Dole incurred an incremental depreciation $41.1 million, related to pineapple bearer plants that were brought to fair value in conjunction with acquisitions, that was recognized in cost of sales in the consolidated statements of operations. Interest expense capitalized into property, plant and equipment was not material for the years ended December 31, 2024, December 31, 2023 and December 31, 2022.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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