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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 PROPERTY, PLANT AND EQUIPMENT, NET
The property, plant and equipment were as follows:
December 31,
(in millions)20242023
Leasehold improvements$78.5 $91.3 
Equipment148.5 147.6 
Property, plant and equipment, gross227.0 238.9 
Less accumulated depreciation(109.6)(119.9)
Property, plant and equipment, net$117.4 $119.0 
During the year ended December 31, 2023, the Company incurred $5.7 million of accelerated depreciation of leasehold improvements and equipment in connection with the Company's decision to cease the use of its previous corporate headquarters in Salt Lake City, Utah and transition corporate support operations to its new facility in west Salt Lake City. The Company formally assigned the previous corporate headquarter lease to a third party as of December 31, 2023. See Note 13 for further discussion.
The Company recorded depreciation during the respective periods as follows:
Years Ended December 31,
(in millions)202420232022
Depreciation expense$19.5 $19.1 $11.6