Note 6 - Inventories (Tables)

6 Months Ended

Jun. 30, 2022

Notes Tables

Schedule of Inventory, Current [Table Text Block]

	June 30,			December 31,
	2022			2021
Inventories carried at LIFO:
Finished goods(a)	$	68.2		$	54.0
Raw materials and work-in-process		50.5			42.4
Excess of FIFO over LIFO cost(b)		(49.0	)		(43.0	)
Total LIFO inventories	$	69.7		$	53.4
Inventories carried at FIFO:
Finished goods(a)	$	58.8		$	53.8
Raw materials and work-in-process		60.1			53.4
Total FIFO inventories	$	118.9		$	107.2
Total inventories	$	188.6		$	160.6

(a)	Finished goods include machines, parts and consumables and component parts that are used in our products.
(b)	The difference between replacement cost and the stated LIFO inventory value is not materially different from the reserve for the LIFO valuation method.