Inventories (Tables)

12 Months Ended

Dec. 31, 2024

Inventory Disclosure [Abstract]

Components of inventories

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

	As of December 31,
	2024		2023
Finished goods	$	422.6	$	509.4
Work in process	11.0		9.6
Raw materials and parts	410.7		314.2
Total	844.3		833.2
Excess of current cost over last-in, first-out cost	(139.5)		(134.1)
Total inventories, net	$	704.8	$	699.1