| PROPERTY, PLANT AND EQUIPMENT, NET |
PROPERTY, PLANT AND EQUIPMENT, NET The composition of property, plant and equipment, net is as follows: | | | | | | | | | | | | | March 30, 2024 | | December 30, 2023 | | (in thousands) | | Land | $ | 78,852 | | | $ | 79,546 | | Buildings (1) | 1,033,150 | | | 1,053,915 | | Machinery and equipment (1) | 985,006 | | | 984,867 | | | Leasehold improvements | 348,558 | | | 366,556 | | | Furniture and fixtures | 30,712 | | | 31,284 | | Computer hardware and software (1) | 254,018 | | | 254,413 | | Vehicles (1) | 6,974 | | | 6,746 | | | Construction in progress | 245,826 | | | 197,723 | | | Total | 2,983,096 | | | 2,975,050 | | | Less: Accumulated depreciation | (1,364,388) | | | (1,335,309) | | | Property, plant and equipment, net | $ | 1,618,708 | | | $ | 1,639,741 | | | | | | (1) These balances include assets under finance leases. |
Depreciation expense in the three months ended March 30, 2024 and April 1, 2023 was $45.7 million and $42.2 million, respectively.
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