INVENTORIES, NET
3 Months Ended
Mar. 28, 2020
Inventory Disclosure [Abstract]  
INVENTORIES, NET INVENTORIES, NET
Inventories at March 28, 2020 and December 31, 2019 comprised the following:
March 28, 2020December 31, 2019
Finished goods$86.0  $82.5  
Work in process49.7  47.0  
Raw materials and purchased parts86.1  85.9  
Total FIFO cost221.8  215.4  
Excess of FIFO cost over LIFO inventory value(7.3) (7.3) 
Total inventories$214.5  $208.1  
Inventories include material, labor and factory overhead costs and are reduced, when necessary, to estimated net realizable values. Certain domestic inventories are valued using the last-in, first-out (“LIFO”) method. These inventories were approximately 12% and 11% of total inventory at March 28, 2020 and December 31, 2019, respectively. Other inventories are valued using the first-in, first-out (“FIFO”) method.