Quarterly report pursuant to Section 13 or 15(d)

Inventories

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Inventories
3 Months Ended
Mar. 31, 2024
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:

 

 

 

March 31,
2024

 

 

December 31,
2023

 

 

 

(in millions)

 

Raw materials

 

$

75.6

 

 

$

80.3

 

Work in process

 

 

10.6

 

 

 

10.0

 

Finished goods

 

 

415.7

 

 

 

414.9

 

Total

 

$

501.9

 

 

$

505.2