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Inventories, net (Tables)
3 Months Ended
Mar. 31, 2024
Inventory, Net, Items Net of Reserve Alternative [Abstract]  
Schedule of Inventories, Net
Inventories, net consists of the following (in millions):
 March 31, 2024December 31, 2023
Raw material$390.2 $394.1 
Work-in-process208.1 189.2 
Finished goods405.9 412.1 
Subtotal1,004.2 995.4 
Excess of FIFO over LIFO cost basis(161.8)(162.5)
TOTAL$842.4 $832.9