Inventories

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Inventories

6.Inventories

Inventories consisted of the following (in millions):

	September 30, 2023		December 31, 2022
Raw materials	$	339.6	$	300.9
Work-in-process		315.6		278.7
Finished goods		160.6		128.2
Demonstration units		100.2		92.3
Total Inventories	$	916.0	$	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 September 30, 2023, and December 31, 2022, the value of finished goods inventory-in-transit was $47.5 million and $41.1 million, respectively.