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Inventories, Net
12 Months Ended
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,
20222021
Finished goods$73.0 $55.1 
Work in process25.7 21.1 
Raw materials and purchased parts145.3 113.6 
Total inventories$244.0 $189.8 
Inventories include material, labor and factory overhead costs and are reduced, when necessary, to estimated net realizable values.