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INVENTORIES
12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consist of the following (in millions):
December 31,
 20212020
Finished equipment$283.0 $195.8 
Replacement parts157.3 157.0 
Work-in-process105.5 57.2 
Raw materials and supplies267.7 200.4 
Inventories$813.5 $610.4 

Reserves for lower of cost or NRV and excess and obsolete inventory were $57.8 million and $61.8 million at December 31, 2021 and 2020, respectively.