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INVENTORIES:
12 Months Ended
Dec. 31, 2017
INVENTORIES:  
INVENTORIES:

NOTE 4—INVENTORIES:

                                                                                                                                                                                    

 

 

At December 31,

 

(in millions)

 

2017

 

2016

 

Inventory, current:

 

 

 

 

 

 

 

Metals at average cost:

 

 

 

 

 

 

 

Finished goods

 

$

48.8

 

$

130.5

 

Work-in-process

 

 

308.0

 

 

231.6

 

Ore stockpiles on leach pads

 

 

320.9

 

 

310.9

 

Supplies at average cost

 

 

364.2

 

 

337.4

 

​  

​  

​  

​  

Total current inventory

 

$

1,041.9

 

$

1,010.4

 

​  

​  

​  

​  

​  

​  

​  

​  

Inventory, long-term:

 

 

 

 

 

 

 

Ore stockpiles on leach pads

 

$

977.4

 

$

806.9

 

​  

​  

​  

​  

​  

​  

​  

​  

 

        Total leaching costs added as long-term inventory of ore stockpiles in leach pads amounted to $513.9 million, $439.0 million and $506.9 million in 2017, 2016 and 2015, respectively. Long-term leaching inventories recognized as cost of sales amounted to $333.5 million, $316.6 million and $274.1 million in 2017, 2016 and 2015, respectively.