Inventories, Net

9 Months Ended

Sep. 30, 2016

Inventory, Net [Abstract]

Inventories, Net

Inventories, Net

Inventories are stated at the lower of cost or market value. The components of net inventories were as follows (in millions):

	September 30, 2016		December 31, 2015
Materials and supplies	$	414.4	$	117.3
Work in process	234.3		108.0
Finished products	1,785.4		496.5
	$	2,434.1	$	721.8