Property, Plant and Equipment

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Following is a summary of property, plant and equipment:


(In millions)	December 31, 2025		December 31, 2024
Land	$	535.3	485.5
Buildings and improvements	2,248.5		2,045.4
Machinery and equipment	7,398.7		6,782.7
Furniture and fixtures	179.2		166.5
Leasehold improvements	113.7		107.5
Construction in progress	556.6		545.9
	11,032.0		10,133.5
Less: accumulated depreciation	6,260.0		5,553.6
Net property, plant and equipment	$	4,772.0	4,579.9

Additions to property, plant and equipment included capitalized interest of $19.6 million, $21.8 million and $23.5 million in 2025, 2024 and 2023, respectively. Depreciation expense was $621.7 million, $607.1 million and $598.9 million for 2025, 2024 and 2023, respectively. Included in property, plant and equipment are finance leases with a cost of $170.0 million and $141.4 million and accumulated depreciation of $88.7 million and $59.7 million as of December 31, 2025, and 2024, respectively.

MOHAWK INDUSTRIES INC 10-K