Property, Plant and Equipment |
9 Months Ended | ||||||||||||
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Sep. 30, 2026 | |||||||||||||
| Property, Plant, and Equipment [Abstract] | |||||||||||||
| Property, Plant and Equipment |
Property, plant and equipment are recorded at historical cost, net of accumulated depreciation. Accumulated depreciation on property, plant and equipment was $3.1 billion and $2.9 billion as of September 30, 2026 and December 31, 2025, respectively. For the three and nine months ended September 30, 2026, depreciation expense totaled approximately $68.3 million and $204.1 million, respectively, compared to $66.5 million and $204.8 million, respectively, in the prior year comparative periods.
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