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INVENTORIES:
12 Months Ended
Dec. 31, 2021
INVENTORIES:  
INVENTORIES:

NOTE 4—INVENTORIES:

At December 31, 

(in millions)

2021

    

2020

Inventory, current:

Metals at average cost:

Finished goods

$

58.6

$

50.8

Work-in-process

 

340.7

 

248.9

Ore stockpiles on leach pads  

259.7

298.5

Supplies at average cost

 

313.9

 

352.0

Total current inventory

$

972.9

$

950.2

Inventory, long-term:

Ore stockpiles on leach pads

$

1,097.6

$

1,125.0

Total leaching costs added as long-term inventory of ore stockpiles in leach pads amounted to $247.4 million, $194.0 million and $469.0 million in 2021, 2020 and 2019, respectively. Long-term leaching inventories recognized as cost of sales amounted to $313.7 million, $359.1 million and $385.8 million in 2021, 2020 and 2019, respectively.