v3.26.1
PROPERTY, PLANT AND EQUIPMENT, NET
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET PROPERTY, PLANT AND EQUIPMENT, NET
The property, plant and equipment at June 30, 2026 and December 31, 2025 were as follows:
(in millions)June 30,
2026		December 31,
2025
Leasehold improvements$78.2 $80.4 
Equipment122.4 121.5 
Property, plant and equipment, gross
200.6 201.9 
Less accumulated depreciation(91.7)(87.9)
Property, plant and equipment, net
$108.9 $114.0 

The Company recorded depreciation during the respective periods as follows:
Three months ended
June 30,		Six months ended
June 30,
(in millions)2026202520262025
Depreciation expense$4.8 $4.9 $9.5 $10.0