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Property, plant and equipment, net
6 Months Ended
Jun. 30, 2025
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, 2025
December 31, 2024 (1)
Land and improvements$20.8 $25.8 
Buildings, building improvements and leasehold improvements163.3 196.1 
Furniture and equipment255.3 368.3 
Software66.7 67.2 
Construction-in-progress9.6 10.3 
Property, plant and equipment, gross$515.7 $667.7 
Less: Accumulated depreciation and amortization(299.6)(397.1)
Total property, plant and equipment, net$216.1 $270.6 
(1) During 2024, the Company recorded non-cash impairment charges of $27.2 million related to certain Bioservices long-lived assets. See Note 5, “Impairment and restructuring charges” for more details regarding the impairment charge.
As of June 30, 2025 and December 31, 2024, construction-in-progress primarily included costs incurred to advance the Company’s MCM Products capabilities. Property, plant and equipment, net is stated at cost, less accumulated depreciation and amortization.