v3.26.3
LONG-LIVED ASSETS
9 Months Ended
Sep. 30, 2026
Property, Plant, and Equipment [Abstract]  
LONG-LIVED ASSETS LONG-LIVED ASSETS
Included in Property, plant and equipment, net were the following:
September 30,December 31,September 30,
202620252025
Land$312.4 $314.1 $270.1 
Buildings2,836.0 2,667.3 2,541.7 
Machinery and equipment4,205.0 3,885.1 4,039.9 
Construction in progress354.1 520.0 537.2 
Property, plant and equipment, gross7,707.5 7,386.5 7,388.9 
Less allowances for depreciation3,481.9 3,249.1 3,475.7 
Property, plant and equipment, net$4,225.6 $4,137.4 $3,913.2 
In accordance with the Goodwill and Other Intangibles Topic of the Accounting Standards Codification (ASC), Goodwill and indefinite-lived intangible assets are tested for impairment annually during the fourth quarter, and interim impairment tests are performed whenever an event occurs or circumstances change that indicate an impairment has more likely than not occurred.