v3.25.1
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

6. Property, Plant and Equipment

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

(in millions)

 

Land

 

$

18.6

 

 

$

18.5

 

Buildings and equipment

 

 

2,302.6

 

 

 

2,273.1

 

Capitalized software costs

 

 

578.2

 

 

 

575.1

 

Instruments

 

 

3,664.8

 

 

 

3,589.6

 

Construction in progress

 

 

259.2

 

 

 

233.9

 

 

 

 

6,823.4

 

 

 

6,690.2

 

Accumulated depreciation

 

 

(4,758.5

)

 

 

(4,641.4

)

Property, plant and equipment, net

 

$

2,064.9

 

 

$

2,048.8

 

We had $17.1 million and $10.4 million of property, plant and equipment included in accounts payable as of March 31, 2025 and December 31, 2024, respectively.