Inventories

12 Months Ended

Dec. 31, 2023

Inventory Disclosure [Abstract]

Inventories

7.Inventories

Inventories consisted of the following (in millions):

	As of December 31,
	2023		2022
Finished goods	$	1,831.2	$	1,655.0
Work in progress		246.5		230.9
Raw materials		307.5		261.3
Inventories	$	2,385.2	$	2,147.2

Amounts charged to the consolidated statements of earnings for excess and obsolete inventory, including certain product lines we intend to discontinue, in the years ended December 31, 2023, 2022 and 2021 were $155.2 million, $137.3 million and $117.3 million, respectively.