Inventories (Tables)

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Components of inventories

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

	September 30, 2023		December 31, 2022
Finished goods	$	544.7	$	534.6
Work in process	8.6		8.9
Raw materials and parts	322.9		328.7
Subtotal	876.2		872.2
Excess of current cost over last-in, first-out cost	(128.3)		(119.2)
Total inventories, net	$	747.9	$	753.0