Inventories

6 Months Ended

Jul. 01, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories

Approximately 84% of the Company’s inventories are valued using the average cost method and all remaining inventories are valued using the first-in, first-out (FIFO) method. All inventories are stated at the lower of cost or market.

(in millions)	July 1, 2016		December 31, 2015
Raw materials	$	165.2	$	175.3
Work in process	128.9		122.5
Finished goods	477.4		510.0
Total	$	771.5	$	807.8