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Property, plant and equipment, net
 6 Months Ended
Jun. 30, 2023
Property Plant and Equipment Income Statement Disclosures [Abstract]  
Property, plant and equipment, net Property, plant and equipment, net
Property, plant and equipment, net consisted of the following:
June 30, 2023 (1)
December 31, 2022
Land and improvements$30.0 $54.9 
Buildings, building improvements and leasehold improvements226.4 327.9 
Furniture and equipment412.3 567.5 
Software64.7 65.6 
Construction-in-progress53.5 185.5 
Property, plant and equipment, gross$786.9 $1,201.4 
Less: Accumulated depreciation & amortization(391.4)(383.8)
Total property, plant and equipment, net$395.5 $817.6 
(1) During the three months ended June 30, 2023, the Company recorded a non-cash impairment charge of $306.7 million related to certain CDMO long-lived assets. See Note 4, "Restructuring and impairment charges" for more details regarding the impairment charge.
As of June 30, 2023, construction-in-progress primarily included costs incurred to advance the Company's MCM Product capabilities. As of December 31, 2022, construction-in-progress primarily included costs incurred due to construction to advance the Company's CDMO capabilities.
Property, plant and equipment, net is stated at cost, less accumulated depreciation and amortization. During the year ended December 31, 2022, the Company recorded accelerated depreciation of $12.7 million reflecting a shortening of the useful life of certain property, plant and equipment which were to be used in the manufacturing process to fulfill the manufacturing services agreement with Janssen (the "Agreement"). For additional information related to the termination of the Agreement, refer to Note 13, "Revenue recognition".