Inventories (Tables)

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]

Components of inventories

The components of inventories are as follows (in millions):

	As of September 30, 2016			As of December 31, 2015
Finished goods	$	335.5		$	300.0
Work in process	6.8			4.2
Raw materials and parts	193.8			178.3
Subtotal	536.1			482.5
Excess of current cost over last-in, first-out cost	(62.1		)	(63.7		)
Total inventories, net	$	474.0		$	418.8