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Inventories
12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of the following:
 
December 31,
(in millions)
20212020
Raw materials and supplies$217.5 $160.6 
Work-in-process95.8 102.5 
Finished goods37.5 43.9 
Total inventories$350.8 $307.0 
Inventories, net is stated at the lower of cost or net realizable value. During the year ended December 31, 2021, the Company recorded inventory write-offs at its Bayview facility of $41.5 million, which were the result of the cross-contamination event at the Bayview facility. The inventory write-off resulted from the Company's plan to discard raw materials and in-process batches that were deemed unusable. The charge was reflected as a component of cost of CDMO services on the Company's consolidated statements of operations.