Inventories, net

12 Months Ended

Dec. 31, 2019

Inventories, net

Inventories, net

(7) Inventories, net

Inventories consist of the following:

	December 31,
	2019		2018
	(in millions)
Raw materials	$	83.4	$	87.4
Work-in-process		15.5		17.3
Finished goods		171.2		182.1
	$	270.1	$	286.8

Raw materials, work-in-process and finished goods are net of valuation reserves of $27.9 million and $27.4 million as of December 31, 2019 and 2018, respectively. Finished goods of $16.7 million and $17.4 million as of December 31, 2019 and 2018, respectively, were consigned.