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Inventories
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventories
5.
Inventories

Inventories consisted of the following (in millions):

 

 

 

September 30,
2022

 

 

December 31,
2021

 

Raw materials

 

$

264.7

 

 

$

218.7

 

Work-in-process

 

 

269.3

 

 

 

254.9

 

Finished goods

 

 

129.2

 

 

 

144.9

 

Demonstration units

 

 

86.3

 

 

 

91.6

 

Total Inventories

 

$

749.5

 

 

$

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 September 30, 2022, and December 31, 2021, the value of inventory-in-transit was $40.5 million and $49.5 million, respectively.