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Inventories - Net (Tables)
3 Months Ended
Mar. 31, 2017
Inventory Disclosure [Abstract]  
Components of Inventories
The components of inventories — net at March 31, 2017 and December 31, 2016 are summarized as follows:
 
 
March 31,
 
December 31,
(in millions)
 
2017
 
2016
Inventories — gross:
 
 

 
 

Raw materials
 
$
73.8

 
$
68.2

Work-in-process
 
20.3

 
18.3

Finished goods
 
104.4

 
85.1

Total inventories — gross
 
198.5

 
171.6

Excess and obsolete inventory reserve
 
(24.0
)
 
(22.5
)
Net inventories at FIFO cost
 
174.5

 
149.1

Excess of FIFO costs over LIFO value
 
(3.5
)
 
(3.5
)
Inventories — net
 
$
171.0

 
$
145.6