Inventories (Tables)

3 Months Ended

Mar. 31, 2015

Components of Inventories

 The components of inventories were as follows:

	As of
	March 31, 2015			December 31, 2014
Raw materials	$	302.7		$	312.2
Work in progress		236.3			240.6
Finished products		193.6			206.0
Inventories		732.6			758.8
Inventory valuation reserve		(79.9	)		(83.3	)
Total inventories, net of reserve	$	652.7		$	675.5