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Investments in Unconsolidated Affiliates (Tables)
12 Months Ended
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Investments in Unconsolidated Affiliates Accounted for Under Equity Method

Investments in unconsolidated affiliates accounted for under the equity method consisted of the following (in millions):

 

 

 

 

 

 

December 31,

 

 

September 30,

 

 

 

Ownership %

 

 

2022

 

 

2021

 

 

2021

 

Mezcladores Trailers de Mexico, S.A. de C.V.

 

 

49

%

 

$

8.3

 

 

$

8.3

 

 

$

8.3

 

BME Fire Trucks LLC

 

 

25

%

 

 

3.9

 

 

 

5.1

 

 

 

5.1

 

Construction Robotics, LLC

 

 

9

%

 

 

2.4

 

 

 

2.6

 

 

 

2.9

 

AutoTech Fund III, L.P.

 

 

9

%

 

 

0.8

 

 

 

 

 

 

 

AutoTech Fund II, L.P.

 

 

7

%

 

 

8.7

 

 

 

8.6

 

 

 

6.5

 

Carnegie Foundry LLC

 

 

6

%

 

 

4.8

 

 

 

4.9

 

 

 

5.0

 

Westly Capital Partners Fund IV, L.P.

 

 

5

%

 

 

2.8

 

 

 

1.4

 

 

 

1.1

 

Robotic Research LLC

 

 

2

%

 

 

11.2

 

 

 

 

 

 

 

 

 

 

 

 

$

42.9

 

 

$

30.9

 

 

$

28.9

 

Summary of Investments in Unconsolidated Affiliates Not Accounted for Under Equity Method Without a Readily Determinable Fair Value

Investments in unconsolidated affiliates not accounted for under the equity method with a readily determinable fair value consisted of the following (in millions):

 

 

Cost Basis

 

 

Unrealized Gain (Loss)

 

 

Fair Value

 

December 31, 2022

 

$

25.0

 

 

$

(21.2

)

 

$

3.8

 

December 31, 2021

 

$

25.0

 

 

$

(10.8

)

 

$

14.2

 

September 30, 2021

 

$

25.0

 

 

$

(4.4

)

 

$

20.6

 

Investments in unconsolidated affiliates not accounted for under the equity method without a readily determinable fair value consisted of the following (in millions):

 

 

Cost Basis

 

 

Accumulated
Impairment and Adjustments

 

 

Carrying Value

 

December 31, 2022

 

$

4.2

 

 

$

(0.2

)

 

$

4.0

 

December 31, 2021

 

$

1.7

 

 

$

 

 

$

1.7

 

September 30, 2021

 

$

1.7

 

 

$

 

 

$

1.7