Schedule of Property, Plant and Equipment and Depreciation Expense |
Property, plant and equipment consist of the following: | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | (In thousands) | Land | $ | 248,737 | | | $ | 246,953 | | Buildings and improvements | 2,264,474 | | | 2,239,481 | | Machinery and equipment | 7,784,999 | | | 7,389,787 | | Finance lease assets | 246,743 | | | 274,302 | | Furniture, fixtures and other equipment | 19,137 | | | 18,652 | | Software and computer equipment | 222,377 | | | 215,031 | | Construction in progress | 265,521 | | | 185,351 | | Total property, plant and equipment | 11,051,988 | | | 10,569,557 | | Accumulated depreciation and amortization | (7,249,943) | | | (6,993,409) | | Total property, plant and equipment, net | $ | 3,802,045 | | | $ | 3,576,148 | |
The following table summarizes our depreciation expense: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | (In thousands) | Depreciation expense | $ | 158,720 | | | $ | 149,817 | | | $ | 312,418 | | | $ | 294,605 | |
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