Quarterly report pursuant to Section 13 or 15(d)

Inventories

v3.21.1
Inventories
3 Months Ended
Mar. 31, 2021
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:

 

 

 

March 31,
2021

 

 

December 31,
2020

 

 

 

(in millions)

 

Raw materials

 

$

78.2

 

 

$

80.1

 

Work in process

 

 

7.1

 

 

 

7.9

 

Finished goods

 

 

424.1

 

 

 

413.4

 

Total

 

$

509.4

 

 

$

501.4