v3.26.1
Inventories
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories
13.
Inventories

Inventories consisted of the following (in millions):

 

June 30,
2026

 

 

December 31,
2025

 

Raw materials

 

$

395.4

 

 

$

392.0

 

Work-in-process

 

 

377.3

 

 

 

343.6

 

Finished goods

 

 

231.3

 

 

 

243.1

 

Demonstration units

 

 

116.1

 

 

 

115.9

 

Total Inventories

 

$

1,120.1

 

 

$

1,094.6

 

Finished goods include in-transit systems that have been shipped to the Company’s customers but not yet installed and accepted by the customer. At June 30, 2026, and December 31, 2025, finished goods inventory-in-transit was $66.3 million and $81.1 million, respectively.