Inventories (Tables)

6 Months Ended

Jun. 30, 2025

Inventory Disclosure [Abstract]

Components of inventories

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

	June 30, 2025		December 31, 2024
Finished goods	$	692.5	$	422.6
Work in process	13.3		11.0
Raw materials and parts	445.7		410.7
Subtotal	1,151.5		844.3
Excess of current cost over last-in, first-out cost	(149.6)		(139.5)
Total inventories, net	$	1,001.9	$	704.8