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INVENTORIES

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories consist of the following (in millions):

			June 30, 2024						December 31, 2023
Finished equipment			$	528.4					$	467.9
Replacement parts			177.3						185.6
Work-in-process			127.6						131.5
Raw materials and supplies			399.5						401.0
Inventories			$	1,232.8					$	1,186.0

Inventory reserves were $71.3 million and $70.5 million at June 30, 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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