XML 28 R12.htm IDEA: XBRL DOCUMENT v3.3.1.900
Inventories
 12 Months Ended
Dec. 31, 2015
Inventory Disclosure [Abstract]  
Inventories

4.

Inventories

Inventories consist of the following:

 

 

December 31,

 

 

December 31,

 

 

2015

 

 

2014

 

Raw materials and supplies

$

84.6

 

 

$

70.8

 

Work in process

 

33.1

 

 

 

25.0

 

Finished goods

 

156.3

 

 

 

150.1

 

Total

$

274.0

 

 

$

245.9

 

 

Inventories valued using the LIFO method totaled $53.2 and $49.3 at December 31, 2015 and 2014, respectively, and would have been approximately $3.8 and $4.3 higher, respectively, had they been valued using the FIFO method.  The amount of LIFO liquidations in 2015 and 2014 were immaterial.