Inventories

12 Months Ended

Dec. 31, 2017

Inventory Disclosure [Abstract]

Inventories

C. INVENTORIES

Inventories include the following:

At December 31,	2017			2016
Finished products	$	515.7		$	452.3
Work in process and raw materials		586.2			444.7
		1,101.9			897.0
Less LIFO reserve		(173.5	)		(169.2	)
	$	928.4		$	727.8

Inventories valued using the LIFO method comprised 47% and 49% of consolidated inventories before deducting the LIFO reserve at December 31, 2017 and 2016, respectively.