Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.19.3
Inventories
9 Months Ended
Sep. 30, 2019
Inventory Disclosure [Abstract]  
Inventories

3. Inventories

Inventories consist primarily of finished goods available for resale. Inventories are stated at lower of cost (primarily on the first-in, first-out basis) and net realizable value.

The following are the major classes of inventory:

 

 

 

September 30,

2019

 

 

December 31,

2018

 

 

 

(in millions)

 

Raw materials

 

$

51.1

 

 

$

51.9

 

Work in process

 

 

6.4

 

 

 

7.1

 

Finished goods

 

 

362.6

 

 

 

322.8

 

Total

 

$

420.1

 

 

$

381.8