NOTE 15—INVENTORIES


*(in millions of Euros)*	At December 31, 2018			At December 31, 2017
Finished goods		165			164
Work in progress		347			332
Raw materials		112			111
Stores and supplies		67			64
Inventories write down		(31	)		(28	)

Total inventories		660			643

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.