Inventories

3 Months Ended

Mar. 31, 2025

Inventory Disclosure [Abstract]

Inventories

13.Inventories

Inventories consisted of the following (in millions):

	March 31, 2025		December 31, 2024
Raw materials	$	398.0	$	388.7
Work-in-process		358.1		348.9
Finished goods		251.1		228.5
Demonstration units		109.3		101.7
Total Inventories	$	1,116.5	$	1,067.8

Finished goods include in-transit systems shipped to the Company’s customers for which control has not passed to the customers. As of March 31, 2025 and December 31, 2024, the value of finished goods inventory-in-transit was $64.3 million and $53.6 million, respectively.