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INVENTORIES

3 Months Ended

Mar. 31, 2024

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories consist of the following (in millions):

			March 31, 2024						December 31, 2023
Finished equipment			$	494.6					$	467.9
Replacement parts			185.6						185.6
Work-in-process			138.7						131.5
Raw materials and supplies			398.7						401.0
Inventories			$	1,217.6					$	1,186.0

Inventory reserves were $70.1 million and $70.5 million at March 31, 2024 and December 31, 2023, respectively.

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- References

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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
-Topic 330
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//330/tableOfContent

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