XML 21 R11.htm IDEA: XBRL DOCUMENT v3.23.3

Inventories (Notes)

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

3. INVENTORIES

We state our inventories at the lower of cost or net realizable value. The cost of our inventories is determined using the first-in first-out method. When we determine that our gross inventories exceed usage requirements, or if inventories become obsolete or otherwise not saleable, we record a provision for such loss as a component of our inventory accounts.

Inventories consist of the following:

						September 30, 2023						December 31, 2022
						(in millions)
Raw materials and work-in-progress						$	406.6					$	398.9
Finished goods						86.5						92.5
Gross inventories						493.1						491.4
Inventory valuation reserves						(32.7)						(27.5)
Inventories, net						$	460.4					$	463.9

X

- References

No definition available.

+ Details

Name:	us-gaap_InventoryDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//330/tableOfContent

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration