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INVENTORIES, NET
12 Months Ended
Dec. 31, 2015
Inventory Disclosure [Abstract]  
INVENTORIES, NET
INVENTORIES, NET

Inventories, net, consist of the following:
 
December 31,
(in millions)
2015
 
2014
 
 
 
 
Finished goods
$
218.2

 
$
253.3

Work-in-process
52.3

 
58.3

Raw materials and supplies
69.9

 
75.5

  Inventories, net
$
340.4

 
$
387.1



The Company’s inventory valuation reserve was $36.3 million and $34.1 million at December 31, 2015 and 2014, respectively.