INVENTORIES (Details) - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Inventory Disclosure [Abstract]
Finished goods	$ 316.6		$ 308.7
Work in process	52.0		54.4
Raw materials and supplies	334.8		323.5
LIFO reserve	(47.9)		(49.9)
Total inventories, net	655.5		$ 636.7
Percentage of LIFO inventory		40.00%
LIFO benefit	$ 2.0	$ 0.0

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Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale.

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- Definition

Amount by which inventory stated at last-in first-out (LIFO) is less than (in excess of) inventory stated at other inventory cost methods.

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The change in the inventory reserve representing the cumulative difference in cost between the first in, first out and the last in, first out inventory valuation methods, which change has been reflected in the statement of income during the period.

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Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.

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Aggregated amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed. This amount is net of valuation reserves and adjustments.

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Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

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The percentage of LIFO (last in first out) inventory to total inventory as of the balance sheet date if other than 100 percent.

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