Inventories, net

9 Months Ended

Sep. 30, 2018

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:



	September 30,			December 31,
(in millions)	2018			2017
Raw material and supplies	$	512.1		$	469.7
Work in progress	122.6			126.7
Finished goods	190.7			183.0
FIFO inventories	825.4			779.4
LIFO reserve	(15.1		)	(13.1		)
Inventories, net	$	810.3		$	766.3