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Inventories (Tables)
6 Months Ended
Jun. 30, 2022
Inventory Disclosure [Abstract]  
Summary of Components of Inventories, Net

The components of inventories, net, consisted of the following (amounts in millions):

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

New equipment

 

$

184.7

 

 

$

146.0

 

Used equipment

 

 

46.5

 

 

 

34.3

 

Work in process

 

 

8.2

 

 

 

6.7

 

Parts

 

 

62.6

 

 

 

55.7

 

Gross inventory

 

$

302.0

 

 

$

242.7

 

Inventory reserves

 

 

(5.4

)

 

 

(3.5

)

Inventories, net

 

$

296.6

 

 

$

239.2