Inventories

The components of Inventories, net at April 1, 2017 and December 31, 2016 are as follows:



(Millions of Dollars)	April 1, 2017		December 31, 2016
Finished products	$	1,455.7	$	1,044.2
Work in process	158.4		133.3
Raw materials	362.6		300.5
Total	$	1,976.7	$	1,478.0

As more fully disclosed in Note F, Acquisitions, the Company acquired inventory with estimated fair values of approximately $203.0 million and $18.0 million during the first quarter of 2017 related to the Newell Tools and Craftsman brand acquisitions, respectively.