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Plant, Property and Equipment, Net
 9 Months Ended
Sep. 30, 2024
Plant, Property and Equipment, Net  
Plant, Property and Equipment, Net

Note 4. Plant, Property and Equipment, Net

Plant, property and equipment consists of the following:

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​

​

​

​

​

​

​

​

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September 30, 

​

December 31, 

​

    

2024

    

2023

​

​

(in millions)

Distribution facilities

​

$

1,628.3

​

$

1,510.6

Head-end equipment

​

 

297.5

​

 

296.5

Customer premise equipment

​

 

274.6

​

 

274.9

Computer equipment and software

​

 

196.0

​

 

182.0

Telephony infrastructure

​

 

48.0

​

 

48.0

Buildings and leasehold improvements

​

 

34.1

​

 

33.4

Vehicles

​

 

30.0

​

 

28.1

Office and technical equipment

​

 

19.2

​

 

19.1

Land

​

 

4.4

​

 

4.4

Construction in progress (including material inventory and other)

​

 

61.9

​

 

76.6

Total property, plant and equipment

​

 

2,594.0

​

 

2,473.6

Less accumulated depreciation

​

 

(1,770.2)

​

 

(1,643.2)

​

​

$

823.8

​

$

830.4

​

Depreciation expense for the three months ended September 30, 2024 and 2023 was $52.5 million and $48.9 million, respectively. Included in depreciation and amortization expense in the unaudited condensed consolidated statement of operations for the three months ended September 30, 2024 and 2023 were net losses on sales of operating assets of $2.6 million and $0.4 million, respectively.

Depreciation expense for the nine months ended September 30, 2024 and 2023 was $157.7 million and $141.1 million, respectively. Included in depreciation and amortization expense in the unaudited condensed consolidated statement of operations for the nine months ended September 30, 2024 and 2023 were net losses on sales of operating assets of $2.3 million and $0.3 million, respectively.

In late September 2024, the Company incurred damage to its network infrastructure in several southeastern markets as a result of Hurricane Helene. The Company recorded a $2.4 million loss related to the estimated write-down of damaged fixed assets at September 30, 2024 as a result of the storm.  The Company continues to evaluate the impact of this storm and the amount recorded could change.