Inventories (Tables)

3 Months Ended

Mar. 31, 2013

Components of Inventories

Inventories are stated at the lower of cost (principally FIFO) or market. The components of inventories were as follows:

	As of
	March 31, 2013			December 31, 2012
Raw materials	$	293.7		$	287.7
Work in progress		225.1			225.9
Finished products		178.2			180.9
Inventories		697.0			694.5
Inventory valuation reserve		(83.5	)		(83.5	)
Total inventories, net of reserve	$	613.5		$	611.0