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Inventories (Tables)
6 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
Summary of Components of Inventories, Net

The components of inventories, net, consisted of the following:

 

June 30,

 

 

December 31,

 

 

2023

 

 

2022

 

New equipment

$

330.9

 

 

$

258.5

 

Used equipment

 

74.5

 

 

 

59.0

 

Work in process

 

10.6

 

 

 

8.6

 

Parts

 

88.7

 

 

 

78.8

 

Gross inventory

 

504.7

 

 

 

404.9

 

Inventory reserves

 

(6.7

)

 

 

(5.2

)

Inventories, net

$

498.0

 

 

$

399.7