v3.25.2
INVENTORIES
 6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
INVENTORIES
NOTE 7. INVENTORIES
Inventories consisted of the following:
 June 30, 2025December 31,
2024		June 30, 2024
Inventories($ in millions)
Supplies$154.6 $149.3 $151.8 
Raw materials210.0 185.2 195.3 
Work in process200.1 173.1 164.3 
Finished goods514.9 467.3 527.6 
Inventories excluding LIFO reserve1,079.6 974.9 1,039.0 
LIFO reserve(160.5)(151.4)(166.1)
Inventories, net$919.1 $823.5 $872.9 
Inventories under the LIFO method are based on annual estimates of quantities and costs as of year-end; therefore, the condensed financial statements at June 30, 2025, reflect certain estimates relating to inventory quantities and costs at December 31, 2025. The replacement cost of our inventories would have been approximately $160.5 million, $151.4 million and $166.1 million higher than reported at June 30, 2025, December 31, 2024 and June 30, 2024, respectively.