5.	Inventories

Inventories consisted of the following (in millions):

	As of December 31,
	2017		2016
Finished goods	$	1,632.2	$	1,556.9
Work in progress		200.0		141.7
Raw materials		249.6		260.8
Inventories	$	2,081.8	$	1,959.4

Amounts charged to the consolidated statements of earnings for excess and obsolete inventory, including certain product lines we intend to discontinue, in the years ended December 31, 2017, 2016 and 2015 were $128.4 million, $195.4 million and $118.4 million, respectively. The increase in the 2016 period primarily resulted from our decision to discontinue certain products.