Inventories, net

6 Months Ended

Jun. 30, 2017

Inventory Disclosure [Abstract]

Inventories, net

Inventories, net

Certain U.S. inventories are measured by the last-in, first-out (“LIFO”) method at the lower of cost or market, while other U.S. and foreign operations use the first-in, first-out (“FIFO”) or average-cost methods at the lower of cost and net realizable value. Inventories consisted of the following:

	June 30,			December 31,
(in millions)	2017			2016
Raw material and supplies	$	424.8		$	378.6
Work in progress	120.1			102.9
Finished goods	171.0			174.9
FIFO inventories	715.9			656.4
LIFO reserve	(14.5		)	(15.2		)
Inventories, net	$	701.4		$	641.2