Inventories

The components of inventories are as follows:



(in millions)	June 30, 2015		December 31, 2014
Raw materials, net of reserves	$	61.2	$	57.8
Work in progress	0.2		0.5
Finished goods, net of reserves	49.4		37.3
Inventories	$	110.8	$	95.6

Raw materials are net of a $3.0 million reserve for obsolete and slow moving inventory at both June 30, 2015 and December 31, 2014. Finished goods are net of a $2.5 million and $2.0 million reserve for obsolete and slow moving inventory and lower of cost or market at June 30, 2015 and December 31, 2014, respectively.