Note 2—Property, Plant and Equipment, net

Depreciation expense for the three and six months ended June 30, 2025 was $17.9 million and $35.7 million, respectively. Depreciation expense for the three and six months ended June 30, 2024 was $18.4 million and $36.3 million, respectively. Amortization expense related to capitalized software development costs for the three and six months ended June 30, 2025 was $36.7 million and $71.0 million, respectively. Amortization expense related to capitalized software development costs for the three and six months ended June 30, 2024 was $29.8 million and $57.9 million, respectively. Capitalized software is included in intangible and other assets, net, in our unaudited condensed consolidated balance sheet. As of June 30, 2025 and December 31, 2024, assets held for sale were $5.9 million and $5.9 million, respectively, and are presented in prepaid expenses and other current assets in our unaudited condensed consolidated balance sheet. As of June 30, 2025 and December 31, 2024, unpaid property, plant and equipment additions totaling $8.7 million and $3.6 million, respectively, are included in accounts payable and other accrued expenses, in our unaudited condensed consolidated balance sheet.