INVENTORIES, NET (Tables)

9 Months Ended

Oct. 01, 2022

Inventory Disclosure [Abstract]

Inventories, Net Table

The following table summarizes our inventories.

As of the Period Ended	October 1, 2022			December 31, 2021
Finished goods		$	83.6		$	73.0
Work in process		114.0			92.3
Raw materials(a)		327.5			265.6
Inventories(b)		$	525.1		$	430.9

(a)    The increase in raw materials inventory from December 31, 2021 to October 1, 2022 was due to investments made to support sales growth and to mitigate continued supply chain disruptions, as well as from cost inflation.

(b)    During the nine months ended October 1, 2022, we recorded inventory write-downs of $5.6 related to inventories held by entities impacted by the Russia-Ukraine war. See Note 1, Description of Business and Basis of Presentation, for further information.