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INVENTORIES, NET
 12 Months Ended
Dec. 31, 2016
Inventory Disclosure [Abstract]  
INVENTORIES, NET
INVENTORIES, NET

Inventories, net, consist of the following:
 
December 31,
(in millions)
2016
 
2015
 
 
 
 
Finished goods
$
311.3

 
$
218.2

Work-in-process
77.1

 
52.3

Raw materials and supplies
128.7

 
69.9

Inventories, net
$
517.1

 
$
340.4



The Company’s inventory valuation reserve was $37.5 million and $36.3 million at December 31, 2016 and 2015, respectively.