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Inventories, Net | 12 Months Ended
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Dec. 31, 2022
Inventory Disclosure [Abstract] |
Inventories, Net | Inventories, Net Inventories are accounted for under the first-in, first-out method and are comprised of the following at December 31, 2022 and 2021:
| December 31,
| 2022 |  | 2021
Finished goods | $ | 73.0 |  |  | $ | 55.1 |
Work in process | 25.7 |  |  | 21.1 |
Raw materials and purchased parts | 145.3 |  |  | 113.6 |
Total inventories | $ | 244.0 |  |  | $ | 189.8 |
Inventories include material, labor and factory overhead costs and are reduced, when necessary, to estimated net realizable values.

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI https://asc.fasb.org/topic&trid=2126998 + Details
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