Inventories

12 Months Ended

Dec. 31, 2023

Inventory Disclosure [Abstract]

Inventories

D.INVENTORIES

Inventories are stated at the lower of cost or net realizable value. Cost of inventories is determined principally by the first-in, first-out (FIFO) method.

Inventories include the following:

At December 31,	2023		2022
Finished products	$	1,084.0	$	871.8
Work in process and raw materials		1,492.7		1,327.0
	$	2,576.7	$	2,198.8