v3.25.2
LONG-LIVED ASSETS
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
LONG-LIVED ASSETS LONG-LIVED ASSETS
Included in Property, plant and equipment, net were the following:
June 30,December 31,June 30,
202520242024
Land$270.5 $259.9 $254.0 
Buildings1,712.7 1,175.9 1,084.6 
Machinery and equipment3,951.0 3,689.5 3,575.7 
Construction in progress1,270.4 1,598.1 1,380.0 
Property, plant and equipment, gross7,204.6 6,723.4 6,294.3 
Less allowances for depreciation3,398.7 3,190.2 3,157.7 
Property, plant and equipment, net$3,805.9 $3,533.2 $3,136.6 
In accordance with the Goodwill and Other Intangibles Topic of the ASC, goodwill and indefinite-lived intangible assets are tested for impairment annually during the fourth quarter, and interim impairment tests are performed whenever an event occurs or circumstances change that indicate an impairment has more likely than not occurred.