Inventories (Tables)

9 Months Ended

Sep. 30, 2024

Inventories

Schedule of inventories

Inventories consist of the following (in millions):

	September 30, 2024						December 31, 2023
			Supply and						Supply and
	Titled		Offtake				Titled		Offtake
	Inventory		Agreements (1)		Total		Inventory		Agreements (1)		Total
Raw materials	$	38.5	$	39.1	$	77.6	$	61.6	$	27.6	$	89.2
Work in process		68.7		38.2		106.9		72.3		36.7		109.0
Finished goods		155.0		70.0		225.0		162.1		79.1		241.2
	$	262.2	$	147.3	$	409.5	$	296.0	$	143.4	$	439.4

(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.