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Inventories
9 Months Ended
Sep. 30, 2011
Inventories 
Inventories
5. Inventories

Approximately 83% 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 value.

 

(in millions)    September 30,
2011
     December 31,
2010
 

Raw materials

   $ 261.5       $ 206.9   

Work in process

     246.4         215.5   

Finished goods

     743.6         696.5   
  

 

 

    

 

 

 

Total

   $ 1,251.5       $ 1,118.9