INVENTORIES

9 Months Ended

Sep. 30, 2016

Inventory, Net [Abstract]

INVENTORIES

INVENTORIES

Inventories consisted of the following:

	Third Quarter of		Fiscal Year End
As of	2016		2015
(Dollars in millions)
Raw materials	$	81.8	$	107.5
Work-in-process	7.8		5.9
Finished goods	134.7		147.7
Total inventories	$	224.3	$	261.1

Finished goods included $15.3 million and $14.6 million of costs that were deferred in connection with deferred revenue arrangements as of the end of the third quarter of fiscal 2016 and fiscal year end 2015, respectively.