Inventories, net

12 Months Ended

Dec. 31, 2020

Inventories, net

Inventories, net

(7) Inventories, net

Inventories consist of the following:

	December 31,
	2020		2019
	(in millions)
Raw materials	$	79.6	$	83.4
Work-in-process		16.1		15.5
Finished goods		167.9		171.2
	$	263.6	$	270.1

Raw materials, work-in-process and finished goods are net of valuation reserves of $37.3 million and $27.9 million as of December 31, 2020 and 2019, respectively. Finished goods of $16.3 million and $16.7 million as of December 31, 2020 and 2019, respectively, were consigned.