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INVENTORIES:
12 Months Ended
Dec. 31, 2016
INVENTORIES:  
INVENTORIES:

NOTE 4—INVENTORIES:

 

                                                                                                                                                                                    

 

 

At December 31,

 

(in millions)

 

2016

 

2015

 

Inventory, current:

 

 

 

 

 

 

 

Metals at average cost:

 

 

 

 

 

 

 

Finished goods

 

$

130.5 

 

$

104.1 

 

Work-in-process

 

 

231.6 

 

 

188.6 

 

Ore stockpiles on leach pads

 

 

310.9 

 

 

243.2 

 

Supplies at average cost

 

 

337.4 

 

 

321.3 

 

​  

​  

​  

​  

Total current inventory

 

$

1,010.4 

 

$

857.2 

 

​  

​  

​  

​  

​  

​  

​  

​  

Inventory, long-term:

 

 

 

 

 

 

 

Ore stockpiles on leach pads

 

$

806.9 

 

$

752.3 

 

​  

​  

​  

​  

​  

​  

​  

​  

        Total leaching costs added as long-term inventory of ore stockpiles in leach pads amounted to $439.0 million, $506.9 million and $401.3 million in 2016, 2015 and 2014, respectively. Long-term leaching inventories recognized as cost of sales amounted to $316.6 million, $274.1 million and $177.5 million in 2016, 2015 and 2014, respectively.