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Inventories (Tables)
12 Months Ended
Dec. 31, 2024
Inventories  
Schedule of inventories

December 31,

December 31,

   

2024

    

2023

(in millions)

LIFO inventories—cost on FIFO method

$

2,033.4

$

2,087.3

Cost on FIFO method higher than LIFO value

(434.9)

(579.3)

Inventories—stated on LIFO method

1,598.5

1,508.0

Inventories—stated on FIFO method

428.3

535.2

$

2,026.8

$

2,043.2

Schedule of changes in the LIFO valuation reserve

Year Ended December 31,

2024

   

2023

   

2022

(in millions)

LIFO inventory valuation reserve income

$

144.4

$

164.5

$

76.6