Inventories

12 Months Ended

Dec. 31, 2023

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories are classified as follows at December 31, (in millions):

	2023		2022
Raw material	$	394.1	$	302.8
Work-in-process	189.2		161.7
Finished goods	412.1		463.2
Subtotal	995.4		927.7
Excess of FIFO over LIFO cost basis	(162.5)		(187.0)
INVENTORIES, NET	$	832.9	$	740.7