Warner Borg Incorporated is a leading global supplier of highly engineered automotive systems and components primarily for powertrain applications. The following note was contained in its recent annual report:

$\backslash$table$[[$NOTE $3.$ INVENTORIES, NET$],[$as of December $31($in millions$),,],[,$Current Year Prior Year,$],[$Raw materials and supplies,$$326\mathrm{.}1,$$$286\mathrm{.}4$