Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.24.3
Inventories
9 Months Ended
Sep. 30, 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:

 

 

 

September 30,
2024

 

 

December 31,
2023

 

 

 

(in millions)

 

Raw materials

 

$

74.6

 

 

$

80.3

 

Work in process

 

 

12.5

 

 

 

10.0

 

Finished goods

 

 

428.2

 

 

 

414.9

 

Total

 

$

515.3

 

 

$

505.2