Rexnord Corp | 2013 | FY | 3

The major classes of inventories are summarized as follows (in millions):
 
 
March 31,
 
2013
 
2012
Finished goods
$
203.0

 
$
201.7

Work in progress
73.5

 
64.7

Raw materials
43.0

 
41.5

Inventories at First-in, First-Out ("FIFO") cost
319.5

 
307.9

Adjustment to state inventories at Last-in, First-Out ("LIFO") cost
6.7

 
12.4

 
$
326.2

 
$
320.3

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