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Property, plant and equipment, net (Tables)
12 Months Ended
Dec. 31, 2023
Property Plant and Equipment Income Statement Disclosures [Abstract]  
Schedule of Property, Plant and Equipment
The Company generally depreciates or amortizes the cost of its property, plant and equipment using the straight-line method over the estimated useful lives of the respective assets, which are summarized as follows:
LandNot depreciated
Buildings
31-39 years
Building improvements
10-39 years
Furniture and equipment
3-15 years
Software
3-7 years
Leasehold improvementsLesser of the asset life or lease term
Property, plant and equipment, net consists of the following:
 
December 31,
2023 (1)
2022
Land and improvements$30.0 $54.9 
Buildings, building improvements and leasehold improvements229.9 327.9 
Furniture and equipment433.6 567.5 
Software64.0 65.6 
Construction-in-progress36.7 185.5 
Property, plant and equipment, gross$794.2 $1,201.4 
Less: Accumulated depreciation and amortization(411.4)(383.8)
Total property, plant and equipment, net$382.8 $817.6 
(1) During the year ended December 31, 2023, the Company recorded a non-cash impairment charge of $306.7 million related to certain Bioservices long-lived assets. See Note 4, "Long-lived asset impairment and restructuring charges" for more details regarding the impairment charge.