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INVENTORIES:
12 Months Ended
Dec. 31, 2020
INVENTORIES:  
INVENTORIES:

NOTE 4—INVENTORIES:

At December 31, 

(in millions)

2020

    

2019

Inventory, current:

Metals at average cost:

Finished goods

$

50.8

$

87.2

Work-in-process

 

248.9

 

259.7

Ore stockpiles on leach pads  

298.5

358.4

Supplies at average cost

 

352.0

 

363.2

Total current inventory

$

950.2

$

1,068.5

Inventory, long-term:

Ore stockpiles on leach pads

$

1,125.0

$

1,230.3

Total leaching costs added as long-term inventory of ore stockpiles in leach pads amounted to $194.0 million, $469.0 million and $506.6 million in 2020, 2019 and 2018, respectively. Long-term leaching inventories recognized as cost of sales amounted to $359.1 million, $385.8 million and $299.4 million in 2020, 2019 and 2018, respectively.