Inventories

3 Months Ended

Mar. 31, 2023

Inventory Disclosure [Abstract]

Inventories

5.Inventories

Inventories consisted of the following (in millions):

	March 31, 2023		December 31, 2022
Raw materials	$	317.6	$	300.9
Work-in-process		310.1		278.7
Finished goods		133.1		128.2
Demonstration units		98.0		92.3
Total Inventories	$	858.8	$	800.1

Finished goods include in-transit systems shipped to the Company’s customers for which control has not passed to the customers. As of March 31, 2023, and December 31, 2022, the value of inventory-in-transit was $38.8 million and $41.1 million, respectively.