XML 21 R11.htm IDEA: XBRL DOCUMENT v3.21.1
INVENTORIES
3 Months Ended
Mar. 31, 2021
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consist of the following (in millions):
 March 31,
2021
December 31,
2020
Finished equipment$235.7 $195.8 
Replacement parts152.9 157.0 
Work-in-process64.0 57.2 
Raw materials and supplies206.2 200.4 
Inventories$658.8 $610.4 

Reserves for lower of cost or net realizable value and excess and obsolete inventory were $59.3 million and $61.8 million at March 31, 2021 and December 31, 2020, respectively.