Inventories, net

12 Months Ended

Dec. 31, 2023

Inventories, net

Inventories, net

(7) Inventories, net

Inventories consist of the following:

	December 31,
	2023		2022
	(in millions)
Raw materials	$	150.6	$	138.0
Work-in-process		20.2		21.0
Finished goods		228.5		216.6
	$	399.3	$	375.6

Raw materials, work-in-process and finished goods are net of valuation reserves of $48.2 million and $43.6 million as of December 31, 2023 and 2022, respectively. Finished goods of $19.8 million and $18.2 million as of December 31, 2023 and 2022, respectively, were consigned.