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Inventories

9 Months Ended

Sep. 30, 2014

Inventories consist of the following:



	September 30, 2014								December 31, 2013
	LIFO			Non- LIFO		Total			LIFO			Non- LIFO		Total
At the lower of cost, determined on the FIFO or weighted-average cost methods, or market
Raw materials	$	43.7		$	1.3	$	45.0		$	40.2		$	2.4	$	42.6
Work in process	62.3			1.0		63.3			64.8			0.4		65.2
Finished goods	162.5			37.1		199.6			148.7			42.3		191.0
Supplies and other	—			13.6		13.6			—			13.6		13.6
	268.5			53.0		321.5			253.7			58.7		312.4
Excess of FIFO or weighted-average cost over LIFO cost	(26.8		)	—		(26.8		)	(26.8		)	—		(26.8		)
Total	$	241.7		$	53.0	$	294.7		$	226.9		$	58.7	$	285.6

- 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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