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Inventories, net
12 Months Ended
Dec. 31, 2017
Inventories, net  
Inventories, net

(7) Inventories, net

 

Inventories consist of the following:

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2017

    

2016

 

 

 

(in millions)

 

Raw materials

 

$

81.8

 

$

81.5

 

Work-in-process

 

 

17.5

 

 

13.7

 

Finished goods

 

 

159.8

 

 

144.2

 

 

 

$

259.1

 

$

239.4

 

 

Raw materials, work‑in‑process and finished goods are net of valuation reserves of $28.2 million and $28.4 million as of December 31, 2017 and 2016, respectively. Finished goods of $17.5 million and $13.0 million as of December 31, 2017 and 2016, respectively, were consigned.