Inventories (Tables)

9 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

Inventories

Inventories are valued at the lower of cost or market. Inventories at September 30, 2019 and December 31, 2018 consisted of the following:

	September 30, 2019			December 31, 2018
Inventories carried at LIFO:
Finished goods	$	54.1		$	48.6
Raw materials, production parts and work-in-process	35.4			28.6
Excess of FIFO over LIFO cost(a)	(32.0		)	(31.2		)
Total LIFO inventories	57.5			46.0
Inventories carried at FIFO:
Finished goods	60.3			53.5
Raw materials, production parts and work-in-process	43.1			35.6
Total FIFO inventories	103.4			89.1
Total inventories	$	160.9		$	135.1