v3.26.1
Inventories
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories are valued at the lower of cost (first-in, first-out) or net realizable value, which requires the Company to make specific estimates, assumptions and judgments in determining the amount, if any, of reductions in the valuation of inventories to their net realizable values.

Inventories consist of the following:

(in millions)June 30, 2026December 31, 2025
Raw materials and parts$309.3 $309.6 
Work-in-process79.5 70.6 
Finished goods66.3 76.6 
Used equipment5.2 9.2 
Total$460.3 $466.0