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INVENTORIES, NET (Tables)
9 Months Ended
Oct. 01, 2016
Inventory Disclosure [Abstract]  
Schedule of inventories
Inventories at October 1, 2016 and December 31, 2015 comprised the following:
 
October 1,
2016
 
December 31,
2015
Finished goods
$
56.6

 
$
58.4

Work in process
58.4

 
58.2

Raw materials and purchased parts
74.7

 
79.4

Total FIFO cost
189.7

 
196.0

Excess of FIFO cost over LIFO inventory value
(13.0
)
 
(12.4
)
Total inventories, net (1)
$
176.7

 
$
183.6

___________________________
(1) 
The balance at December 31, 2015 includes $12.9 related to our dry cooling business. As previously noted, the assets and liabilities of the dry cooling business have been classified as “held for sale” in the accompanying condensed consolidated balance sheet as of December 31, 2015. See Note 3 for information on the assets and liabilities of the dry cooling business as of December 31, 2015.