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Inventories (Tables)
3 Months Ended
Mar. 31, 2018
Inventory Disclosure [Abstract]  
Components of inventories
The components of inventories are as follows (in millions):
 
As of March 31, 2018
 
As of December 31, 2017
Finished goods
$
397.0

 
$
331.9

Work in process
6.2

 
5.5

Raw materials and parts
210.9

 
199.2

Subtotal
614.1

 
536.6

Excess of current cost over last-in, first-out cost
(52.6
)
 
(52.4
)
Total inventories, net
$
561.5

 
$
484.2