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Inventories (Tables)
3 Months Ended
Mar. 31, 2025
Inventory Disclosure [Abstract]  
Summary of Inventories, Net

Inventories, net, consisted of the following:

 

March 31,

 

 

December 31,

 

 

2025

 

 

2024

 

New equipment

$

386.2

 

 

$

374.0

 

Used equipment

 

58.0

 

 

 

62.0

 

Work in process

 

8.6

 

 

 

7.5

 

Parts

 

103.0

 

 

 

101.8

 

Gross inventory

 

555.8

 

 

 

545.3

 

Inventory reserves

 

(11.2

)

 

 

(9.4

)

Inventories, net

$

544.6

 

 

$

535.9