Inventories, net (Tables)

9 Months Ended

Sep. 30, 2023

Inventory, Net, Items Net of Reserve Alternative [Abstract]

Schedule of Inventories, Net

Inventories, net consists of the following (in millions):

	September 30, 2023		December 31, 2022
Raw material	$	346.4	$	302.8
Work-in-process	171.2		161.7
Finished goods	451.6		463.2
Subtotal	969.2		927.7
Excess of FIFO over LIFO cost basis	(180.8)		(187.0)
TOTAL	$	788.4	$	740.7