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Inventories, net
12 Months Ended
Dec. 31, 2016
Inventories, net  
Inventories, net

(6) Inventories, net

 

Inventories consist of the following:

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2016

    

2015

 

 

 

(in millions)

 

Raw materials

 

$

81.5

 

$

88.5

 

Work-in-process

 

 

13.7

 

 

15.2

 

Finished goods

 

 

144.2

 

 

136.3

 

 

 

$

239.4

 

$

240.0

 

 

Raw materials, work‑in‑process and finished goods are net of valuation reserves of $28.4 million and $28.6 million as of December 31, 2016 and 2015, respectively. Finished goods of $13.0 million and $14.8 million as of December 31, 2016 and 2015, respectively, were consigned.