Inventories (Tables)

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

Schedule of Inventories

Included in Inventories were the following:

	2021		2020		2019
Finished goods	$	1,378.8	$	1,427.6	$	1,509.6
Work in process and raw materials	548.4		376.5		380.0
Inventories	$	1,927.2	$	1,804.1	$	1,889.6

The following table summarizes the extent to which the Company’s Inventories use the LIFO cost method, and presents the effect on Inventories had the Company used the first-in, first-out (FIFO) inventory valuation method.

	2021			2020			2019
Percentage of total inventories on LIFO	70		%	72		%	72		%
Excess of FIFO over LIFO	$	593.0		$	312.1		$	339.8