Inventories

6 Months Ended

Jun. 30, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories:

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

	As of June 30, 2021		As of December 31, 2020
Finished goods	$	245.9	$	280.1
Work in process	7.2		6.5
Raw materials and parts	242.3		207.8
Subtotal	495.4		494.4
Excess of current cost over last-in, first-out cost	(61.6)		(55.0)
Total inventories, net	$	433.8	$	439.4