What does Process.Dispose() actually do?

In C# class Process inherits from class Component that implements IDisposable and so I can call Dispose() on any Process object. Do I really have to? How do I know if I really have to?

Suppose I have the following code:

 var allProcesses = System.Diagnostics.Process.GetProcesses();
 var processesNames = processes.Select( p => p.ProcessName );
 // output process names here

Now it looks like I have an array of Process objects and I have craft a try-finally to traverse the array and Dispose() each object. That's definitely lots of extra code.

What does that Dispose() do for Process objects? Do I really need to Dispose() every Process object and how do I decide if I need to do so?