Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.22.2.2
Inventories
9 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventories

3. Inventories

Inventories consist primarily of finished goods available for resale. Inventories are stated at lower of cost (primarily on the first-in, first-out basis) and net realizable value.

The following are the major classes of inventory:

 

 

 

September 30,
2022

 

 

December 31,
2021

 

 

 

(in millions)

 

Raw materials

 

$

82.5

 

 

$

81.8

 

Work in process

 

 

9.2

 

 

 

8.6

 

Finished goods

 

 

445.3

 

 

 

485.3

 

Total

 

$

537.0

 

 

$

575.7