Inventories

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Inventories

Inventories:

The following table provides a breakdown of inventories at September 30, 2023 and December 31, 2022 (in thousands):

	September 30,		December 31,
	2023		2022
Finished goods	$	2,916,284	$	1,679,473
Raw materials and work in process(a)	359,887		296,998
Stores, supplies and other	128,041		99,560
Total	$	3,404,212	$	2,076,031

(a)Includes $194.4 million and $133.2 million at September 30, 2023 and December 31, 2022, respectively, of work in process in our Energy Storage segment.

The Company eliminates the balance of intra-entity profits from its equity method investments to the Company to Inventories, specifically finished goods. The balance of intra-entity profits on inventory purchased from equity method investments in Inventories totaled $729.4 million and $332.3 million at September 30, 2023 and December 31, 2022, respectively.