XML 64 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Inventories (Tables)
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Schedule of Inventories
Included in Inventories were the following:
202420232022
Finished goods$1,751.9 $1,810.9 $1,957.7 
Work in process and raw materials536.2 518.9 668.8 
Inventories$2,288.1 $2,329.8 $2,626.5 
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.
202420232022
Percentage of total inventories on LIFO74 %74 %74 %
Excess of FIFO over LIFO$630.2$668.0$792.7