v3.26.1
PROPERTY, PLANT AND EQUIPMENT, NET
6 Months Ended
Jun. 30, 2026
PROPERTY, PLANT AND EQUIPMENT, NET  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 3. PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consists of the following (in millions):

June 30,

December 31,

2026

  ​ ​

2025

Land

$

306.6

$

299.5

Buildings

1,854.0

1,797.6

Machinery and equipment

2,854.4

2,836.2

Construction in progress

244.8

243.4

Property, plant and equipment, gross

5,259.8

5,176.7

Less: accumulated depreciation

(2,607.7)

(2,543.4)

Property, plant and equipment, net

$

2,652.1

$

2,633.3

As of June 30, 2026 and December 31, 2025, noncash investing activities included $3.8 million and $7.5 million of capital expenditures, respectively, reflected in accounts payable and accrued expenses.