Inventories

6 Months Ended

Jun. 30, 2017

Inventory Disclosure [Abstract]

Inventories

Inventories

Approximately 86% 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 and net realizable value.

(in millions)	June 30, 2017		December 31, 2016
Raw materials	$	163.4	$	170.7
Work in process	122.7		130.3
Finished goods	484.7		467.2
Total	$	770.8	$	768.2