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INVENTORIES:
12 Months Ended
Dec. 31, 2022
INVENTORIES:  
INVENTORIES:

NOTE 4—INVENTORIES:

At December 31, 

(in millions)

2022

    

2021

Inventory, current:

Metals at average cost:

Finished goods

$

78.5

$

58.6

Work-in-process

 

330.5

 

340.7

Ore stockpiles on leach pads  

259.7

259.7

Supplies at average cost

 

345.2

 

313.9

Total current inventory

$

1,013.9

$

972.9

Inventory, long-term:

Ore stockpiles on leach pads

$

1,064.3

$

1,097.6

Total leaching costs added as long-term inventory of ore stockpiles in leach pads amounted to $264.3 million, $247.4 million and $194.0 million in 2022, 2021 and 2020, respectively. Long-term leaching inventories recognized as cost of sales amounted to $297.5 million, $313.7 million and $359.1 million in 2022, 2021 and 2020, respectively.