v3.25.4
PROPERTY, PLANT AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET :
    PP&E are comprised of the following:
December 31
20252024
Land$32.9 $32.9 
Buildings including improvements543.8 488.7 
Machinery and equipment
954.3 912.5 
Finance lease ROU assets99.7 98.1 
$1,630.7 $1,532.2 
Less: accumulated depreciation
(1,044.7)(995.0)
PP&E, net
$586.0 $537.2 
Depreciation expense of PP&E was $130.1 in 2025 (2024 — $108.3; 2023 — $91.1). In each of 2025, 2024 and 2023, depreciation expense of PP&E was split approximately evenly between our two segments.
We review the carrying amount of PP&E for impairment whenever events or changes in circumstances (triggering events) indicate that the carrying amount of asset groups may not be recoverable. We did not identify any triggering event during the course of 2023 through 2025 indicating that the carrying amount of such asset groups may not be recoverable.