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Rental Equipment
 12 Months Ended
Dec. 31, 2023
Rental Equipment [Abstract]  
Rental Equipment RENTAL EQUIPMENT, NET
The following table summarizes the components of Rental equipment, net:
(in millions of dollars)20232022
Rental equipment$182.3 $154.5 
Less: Accumulated depreciation47.5 45.4 
Rental equipment, net$134.8 $109.1 
Rental income associated with the Company’s equipment rental activity, which is included as a component of Net sales on the Consolidated Statements of Operations, totaled $55.2 million in 2023, $53.1 million in 2022 and $44.7 million in 2021.