Inventories (Tables)

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

Components of inventories

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

	March 31, 2024		December 31, 2023
Finished goods	$	615.6	$	509.4
Work in process	7.9		9.6
Raw materials and parts	334.0		314.2
Subtotal	957.5		833.2
Excess of current cost over last-in, first-out cost	(134.1)		(134.1)
Total inventories, net	$	823.4	$	699.1