INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2019

Inventory Disclosure [Abstract]

LIFO Expense

The following table recaps the components of inventory for each period presented:

	September 30, 2019			December 31, 2018
Finished goods	$	299.6		$	331.6
Work in process	59.6			49.6
Raw materials and supplies	340.8			334.9
LIFO reserve	(64.2		)	(82.2		)
Total inventories, net	$	635.8		$	633.9

The following table contains the LIFO benefit (expense) for each of the periods presented.

 

	Nine Months Ended September 30,					Three Months Ended September 30,
	2019		2018			2019		2018
LIFO benefit (expense)	$	18.0	$	(24.8	)	$	7.6	$	(6.0	)