Inventories

12 Months Ended

Dec. 31, 2019

Inventories

Inventories

Note 7—Inventories

Inventories consisted of the following at December 31, (dollars in millions):

	2019		2018
Raw materials	$	188.8	$	164.5
Work-in-process		206.4		182.4
Finished goods		104.5		94.8
Demonstration units		77.5		67.9
Inventories	$	577.2	$	509.6

Finished goods include in-transit systems that have been shipped to the Company’s customers but not yet installed and accepted by the customer. As of December 31, 2019 and 2018, inventory-in-transit was $36.0 million and $38.3 million, respectively.