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Inventories (Tables) | 3 Months Ended
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Mar. 31, 2019
Inventory Disclosure [Abstract] |
Inventories | Inventories are valued at the lower of cost or market. Inventories at March 31, 2019 and December 31, 2018 consisted of the following:
| March 31, 2019 |  | December 31, 2018
Inventories carried at LIFO: |  |  |
Finished goods | $ | 54.4 |  |  | $ | 48.6 |
Raw materials, production parts and work-in-process | 31.0 |  |  | 28.6 |
Excess of FIFO over LIFO cost(a) | (31.5 | ) |  | (31.2 | )
Total LIFO inventories | 53.9 |  |  | 46.0 |
Inventories carried at FIFO: |  |  |  |  |
Finished goods | 64.6 |  |  | 53.5 |
Raw materials, production parts and work-in-process | 39.7 |  |  | 35.6 |
Total FIFO inventories | 104.3 |  |  | 89.1 |
Total inventories | $ | 158.2 |  |  | $ | 135.1 |

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