XML 26 R15.htm IDEA: XBRL DOCUMENT v3.22.1

Note 6 - Inventories

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Inventory Disclosure [Text Block]

6. Inventories

Inventories are valued at the lower of cost or net realizable value and consisted of the following:

	March 31,				December 31,
	2022				2021
Inventories carried at LIFO:
Finished goods(a)	$	57.8			$	54.0
Raw materials and work-in-process		51.7				42.4
Excess of FIFO over LIFO cost(b)		(44.1)				(43.0	)
Total LIFO inventories	$	65.4			$	53.4
Inventories carried at FIFO:
Finished goods(a)	$	58.6			$	53.8
Raw materials and work-in-process		60.4				53.4
Total FIFO inventories	$	119.0			$	107.2
Total inventories	$	184.4			$	160.6

^(a) Finished goods include machines, parts and consumables and component parts that are used in our products.

^(b) The difference between replacement cost and the stated LIFO inventory value is not materially different from the reserve for the LIFO valuation method.

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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 https://asc.fasb.org/topic&trid=2126998

+ Details

Name:	us-gaap_InventoryDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration