v3.26.1
PROPERTY, PLANT AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2026
PROPERTY, PLANT AND EQUIPMENT, NET  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 3. PROPERTY, PLANT AND EQUIPMENT, NET

​

Property, plant and equipment, net consists of the following (in millions):

​

​

​

​

​

​

​

​

June 30,

​

December 31,

​

2026

  ​ ​

2025

Land

$

306.6

​

$

299.5

Buildings

​

1,854.0

​

​

1,797.6

Machinery and equipment

​

2,854.4

​

​

2,836.2

Construction in progress

​

244.8

​

​

243.4

Property, plant and equipment, gross

​

5,259.8

​

​

5,176.7

Less: accumulated depreciation

​

(2,607.7)

​

​

(2,543.4)

Property, plant and equipment, net

$

2,652.1

​

$

2,633.3

​

​

As of June 30, 2026 and December 31, 2025, noncash investing activities included $3.8 million and $7.5 million of capital expenditures, respectively, reflected in accounts payable and accrued expenses.