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Inventories (Tables)

12 Months Ended

Dec. 31, 2013

Inventory Disclosure [Abstract]

Schedule of the components of inventories

The components of inventories at December 31, 2013 and December 31, 2012 are summarized as follows:

(in millions)		2013				2012
Inventories — gross:
Raw materials		$	259.0			$	227.0
Work-in-process		130.2				147.6
Finished goods		436.8				428.1
Total inventories — gross		826.0				802.7
Excess and obsolete inventory reserve		(69.0		)		(73.4		)
Net inventories at FIFO cost		757.0				729.3
Excess of FIFO costs over LIFO value		(36.2		)		(36.6		)
Inventories — net		$	720.8			$	692.7

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 2

-Paragraph 6

-Subparagraph a,b,c

-Article 5

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