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Inventories, Net
3 Months Ended
Mar. 31, 2023
Inventory Disclosure [Abstract]  
Inventories, Net
3.
Inventories, Net

 

 

 

March 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(Dollars in Millions)

 

Finished products

 

$

1,023.8

 

 

$

932.4

 

Products in process

 

 

21.5

 

 

 

24.8

 

Raw materials

 

 

93.5

 

 

 

71.7

 

Supplies and expendable parts

 

 

158.5

 

 

 

153.1

 

Total inventories

 

 

1,297.3

 

 

 

1,182.0

 

Less: Allowances

 

 

(348.6

)

 

 

(308.3

)

Inventories, net

 

$

948.7

 

 

$

873.7