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PROPERTY, PLANT AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET PROPERTY, PLANT AND EQUIPMENT, NET
The major components of property, plant and equipment, net were as follows:
 (dollars in millions)June 30, 2025December 31, 2024
Land and leasehold improvements$50.3 $48.0 
Buildings and improvements195.8 180.0 
Machinery, equipment, fixtures and software353.8 313.1 
Construction in process54.0 55.5 
Total property, plant and equipment653.9 596.6 
Accumulated depreciation(357.3)(319.8)
Property, plant and equipment, net$296.6 $276.8 
For the three months ended June 30, 2025 and 2024, the Company recorded depreciation expense of $9.7 million and $10.3 million, respectively. For the six months ended June 30, 2025 and 2024, the Company recorded depreciation expense of $19.7 million and $20.4 million, respectively.