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Inventories

3 Months Ended

Mar. 31, 2015

INVENTORIES

The major components of inventory were as follows:



(amounts in millions)	March 31, 2015		December 31, 2014
Finished goods	$	323.6	$	154.9
Raw materials and supplies	135.9		49.5
Equipment	1.4		1.4
Total inventory, net	$	460.9	$	205.8

In connection with the Arysta Acquisition, the fair value assessment of inventory resulted in an increase to finished goods of $39.0 million, of which $15.9 million was charged to cost of sales in the Condensed Consolidated Statement of Operations during the three months ended March 31, 2015.

In addition, $20.2 million was charged to cost of sales in the Condensed Consolidated Statement of Operations during the three months ended March 31, 2015 related to the CAS Acquisition.

For the three months ended March 31, 2014, $12.0 million was charged to cost of sales in the Condensed Consolidated Statement of Operations related to the MacDermid Acquisition.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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