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Inventories

3 Months Ended

Mar. 31, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following:

(in Millions)			March 31, 2021						December 31, 2020
Finished goods			$	453.5					$	434.6
Work in process			742.7						621.9
Raw materials, supplies and other			183.8						165.7
First-in, first-out inventory			$	1,380.0					$	1,222.2
Less: Excess of first-in, first-out cost over last-in, first-out cost			(125.3)						(126.6)
Net inventories			$	1,254.7					$	1,095.6

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- References

No definition available.

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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 http://asc.fasb.org/topic&trid=2126998

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