Inventories (Tables)

9 Months Ended

Sep. 30, 2023

Inventories

Summary of inventories

Inventories consist of the following (in millions):

	September 30, 2023						December 31, 2022
			Supply and						Supply and
	Titled		Offtake				Titled		Offtake
	Inventory		Agreements (1)		Total		Inventory		Agreements (1)		Total
Raw materials	$	71.0	$	38.1	$	109.1	$	99.6	$	22.5	$	122.1
Work in process		62.4		51.5		113.9		62.5		95.7		158.2
Finished goods		137.3		87.4		224.7		137.3		80.4		217.7
	$	270.7	$	177.0	$	447.7	$	299.4	$	198.6	$	498.0

(1) Amounts represent LIFO value and do not necessarily represent the value at which the inventory was sold. Please read Note 7 - “Inventory Financing Agreements” for further information.