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Inventories
6 Months Ended
Jun. 30, 2022
Inventory Disclosure [Abstract]  
Inventories
5.
Inventories

Inventories consisted of the following (in millions):

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Raw materials

 

$

259.2

 

 

$

218.7

 

Work-in-process

 

 

271.4

 

 

 

254.9

 

Finished goods

 

 

140.2

 

 

 

144.9

 

Demonstration units

 

 

88.2

 

 

 

91.6

 

Total Inventories

 

$

759.0

 

 

$

710.1

 

Finished goods include in-transit systems shipped to the Company’s customers for which control has not passed to the customers. As of June 30, 2022, and December 31, 2021, the value of inventory-in-transit was $51.6 million and $49.5 million, respectively.