NOTE 14 - INVENTORIES


	At June 30,			At December 31,
(in millions of Euros)	2019			2018
Finished goods		186			165
Work in progress		346			347
Raw materials		137			112
Stores and supplies		75			67
Inventories write-down		(31	)		(31	)

Total Inventories		713			660

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 Unaudited Interim Consolidated Income Statement.