Inventories

3 Months Ended

Mar. 31, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories:

The components of inventories are as follows (in millions):

	As of March 31, 2021		As of December 31, 2020
Finished goods	$	321.8	$	280.1
Work in process	6.3		6.5
Raw materials and parts	228.8		207.8
Subtotal	556.9		494.4
Excess of current cost over last-in, first-out cost	(54.6)		(55.0)
Total inventories, net	$	502.3	$	439.4