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INVENTORIES, NET
6 Months Ended
Jul. 01, 2023
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 July 1, 2023 and December 31, 2022:
July 1,
2023
December 31,
2022
Finished goods$79.3 $73.0 
Work in process31.8 25.7 
Raw materials and purchased parts188.5 145.3 
Total inventories$299.6 $244.0 
    
Inventories include material, labor and factory overhead costs and are reduced, when necessary, to estimated net realizable values.