Inventories

9 Months Ended

Jun. 30, 2011

Inventories

Inventories

5.     INVENTORIES

The components of inventories are as follows:

	30 June 2011			30 September 2010
Inventories at FIFO Cost
Finished goods		$452.1			$405.3
Work in process		30.9			29.3
Raw materials and supplies		233.3			208.2
		716.3			642.8
Less: Excess of FIFO cost over LIFO cost		(76.7	)		(71.2	)
		$639.6			$571.6

FIFO cost approximates replacement cost. Our inventories have a high turnover, and as a result, there is little difference between the original cost of an item and its current replacement cost.