NOTE 14—INVENTORIES


*(in millions of Euros)*	At December 31, 2017			At December 31, 2016
Finished goods		164			149
Work in progress		332			299
Raw materials		111			94
Stores and supplies		64			69
Adjustments^(A)		(28	)		(20	)

Total inventories		643			591

(A)	Includes Net realizable value adjustments.

Constellium records inventories at the lower of cost and net realizable value. Any change in the net realizable value adjustment on inventories is included in Cost of sales in the Consolidated Income Statement.