2013 Q1 Form 10-K Financial Statement

#000110465913015720 Filed on February 28, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 2011 Q4
Revenue $1.623B $6.669B $1.669B
YoY Change -10.13% -2.19% 11.36%
Cost Of Revenue $722.7M $2.769B $653.1M
YoY Change 0.11% 0.22% 21.92%
Gross Profit $805.7M $3.574B $944.2M
YoY Change -20.0% -5.13% -1.98%
Gross Profit Margin 49.64% 53.59% 56.56%
Selling, General & Admin $25.37M $101.3M $28.40M
YoY Change -0.22% -3.04% -15.22%
% of Gross Profit 3.15% 2.83% 3.01%
Research & Development $10.30M $47.90M $12.50M
YoY Change 18.39% 27.73% 81.16%
% of Gross Profit 1.28% 1.34% 1.32%
Depreciation & Amortization $90.57M $325.7M $72.10M
YoY Change 17.71% 13.05% 1.84%
% of Gross Profit 11.24% 9.11% 7.64%
Operating Expenses $25.37M $101.3M $113.0M
YoY Change -0.22% -3.04% 1.62%
Operating Profit $774.0M $3.109B $901.9M
YoY Change -20.45% -14.25% 5.84%
Interest Expense -$47.10M -$128.4M -$42.20M
YoY Change 36.13% -25.65% 7.11%
% of Operating Profit -6.09% -4.13% -4.68%
Other Income/Expense, Net $848.0K $21.83M -$3.800M
YoY Change -88.28% -640.02% -41.54%
Pretax Income $727.7M -$100.0K $850.8M
YoY Change -22.55% -90.91% 5.53%
Income Tax $238.9M $1.081B $311.8M
% Of Pretax Income 32.82% 36.65%
Net Earnings $497.0M $1.941B $539.1M
YoY Change -20.3% -17.19% 9.53%
Net Earnings / Revenue 30.62% 29.11% 32.29%
Basic Earnings Per Share
Diluted Earnings Per Share $585.9K $2.281M $631.8K
COMMON SHARES
Basic Shares Outstanding 845.6M shares 848.3M shares
Diluted Shares Outstanding 848.3M shares

Balance Sheet

Concept 2013 Q1 2012 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.667B $2.594B $1.370B
YoY Change 52.84% 89.34% -39.62%
Cash & Equivalents $2.462B $2.459B $848.1M
Short-Term Investments $204.0M $134.0M $522.0M
Other Short-Term Assets $180.2M $259.0M $106.9M
YoY Change -20.96% 32.14% -40.96%
Inventory $692.4M $696.0M $636.0M
Prepaid Expenses
Receivables $566.8M $669.0M $695.1M
Other Receivables $105.0M $83.00M $189.0M
Total Short-Term Assets $4.360B $4.301B $3.085B
YoY Change 27.98% 39.42% -17.48%
LONG-TERM ASSETS
Property, Plant & Equipment $5.349B $5.157B $4.430B
YoY Change 18.98% 16.41% 8.18%
Goodwill $17.00M
YoY Change
Intangibles
YoY Change
Long-Term Investments $47.00M
YoY Change
Other Assets $278.4M $585.0M $162.9M
YoY Change -42.12% 33.87% -10.47%
Total Long-Term Assets $6.202B $6.083B $4.977B
YoY Change 21.92% 22.2% 13.4%
TOTAL ASSETS
Total Short-Term Assets $4.360B $4.301B $3.085B
Total Long-Term Assets $6.202B $6.083B $4.977B
Total Assets $10.56B $10.38B $8.063B
YoY Change 24.35% 28.79% -0.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $518.5M $455.0M $443.1M
YoY Change 18.12% 3.64% 20.74%
Accrued Expenses $357.0M $359.0M $317.0M
YoY Change 14.42% 13.25% 6.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00M $10.00M $10.00M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $921.6M $857.0M $992.9M
YoY Change -3.79% -13.7% -12.83%
LONG-TERM LIABILITIES
Long-Term Debt $4.204B $4.204B $2.736B
YoY Change 53.66% 53.65% -0.52%
Other Long-Term Liabilities $65.46M $392.0M $43.67M
YoY Change -62.38% 126.59% -79.69%
Total Long-Term Liabilities $4.772B $4.596B $3.034B
YoY Change 63.98% 57.99% 2.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $921.6M $857.0M $992.9M
Total Long-Term Liabilities $4.772B $4.596B $3.034B
Total Liabilities $5.694B $5.619B $4.026B
YoY Change 41.56% 38.84% -4.99%
SHAREHOLDERS EQUITY
Retained Earnings $2.643B $3.852B
YoY Change 7.12%
Common Stock $3.343B $1.048B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $931.2M $897.9M
YoY Change 22.51%
Treasury Stock Shares
Shareholders Equity $5.058B $4.765B $4.015B
YoY Change
Total Liabilities & Shareholders Equity $10.78B $10.38B $8.063B
YoY Change 26.88% 28.79% -0.8%

Cashflow Statement

Concept 2013 Q1 2012 2011 Q4
OPERATING ACTIVITIES
Net Income $497.0M $1.941B $539.1M
YoY Change -20.3% -17.19% 9.53%
Depreciation, Depletion And Amortization $90.57M $325.7M $72.10M
YoY Change 17.71% 13.05% 1.84%
Cash From Operating Activities $594.5M $2.004B $484.1M
YoY Change -17.48% -3.65% -12.27%
INVESTING ACTIVITIES
Capital Expenditures $316.8M $1.052B -$275.9M
YoY Change 78.56% 71.63% 116.39%
Acquisitions
YoY Change
Other Investing Activities -$59.40M $383.3M $3.500M
YoY Change -120.15% 3834.91% -109.75%
Cash From Investing Activities -$376.2M -$668.6M -$272.3M
YoY Change -420.44% -38.82% 66.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $147.3M
YoY Change -46.16%
Debt Paid & Issued, Net $10.00M
YoY Change -34.43%
Cash From Financing Activities -203.1M 278.1M -610.8M
YoY Change 26.86% -111.71% 64.11%
NET CHANGE
Cash From Operating Activities 594.5M 2.004B 484.1M
Cash From Investing Activities -376.2M -668.6M -272.3M
Cash From Financing Activities -203.1M 278.1M -610.8M
Net Change In Cash 15.20M 1.614B -399.0M
YoY Change -97.76% -216.25% -2578.26%
FREE CASH FLOW
Cash From Operating Activities $594.5M $2.004B $484.1M
Capital Expenditures $316.8M $1.052B -$275.9M
Free Cash Flow $277.7M $952.1M $760.0M
YoY Change -48.86% -35.1% 11.88%

Facts In Submission

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CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
131014000 USD
CY2010 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-125562000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-8846000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
139324000 USD
CY2010 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-113383000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1932526000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2483677000 USD
CY2010 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1449326000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6736000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7956000 USD
CY2010 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8637000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1925790000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2475721000 USD
CY2010 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1440689000 USD
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Tax
OtherComprehensiveIncomeDefinedBenefitPlansTax
-1500000 USD
CY2011 us-gaap Other Comprehensive Income Defined Benefit Plans Tax
OtherComprehensiveIncomeDefinedBenefitPlansTax
4700000 USD
CY2010 us-gaap Other Comprehensive Income Defined Benefit Plans Tax
OtherComprehensiveIncomeDefinedBenefitPlansTax
6700000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
71400000 USD
CY2012 us-gaap Nature Of Operations
NatureOfOperations
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold" size="2">NOTE 1-DESCRIPTION OF THE BUSINESS:</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">The consolidated financial statements presented herein consist of the accounts of Southern Copper Corporation (&#8220;SCC&#8221; or the &#8220;Company&#8221;), a Delaware Corporation, and its subsidiaries.&#160; The Company is an integrated producer of copper and other minerals, and operates mining, smelting and refining facilities in Peru and Mexico.&#160; The Company conducts its primary operations in Peru through a registered branch (the &#8220;Peruvian Branch&#8221; or &#8220;Branch&#8221; or &#8220;SPCC Peru Branch&#8221;).&#160; The Peruvian Branch is not a corporation separate from the Company.&#160; The Company&#8217;s Mexican operations are conducted through subsidiaries.</font></p></div>
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2012 dei Entity Registrant Name
EntityRegistrantName
SOUTHERN COPPER CORP/
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0001001838
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q2 dei Entity Public Float
EntityPublicFloat
5091000000 USD
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2459488000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
848118000 USD
CY2012Q4 us-gaap Short Term Investments
ShortTermInvestments
134298000 USD
CY2011Q4 us-gaap Short Term Investments
ShortTermInvestments
521955000 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
669333000 USD
CY2011Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
695104000 USD
CY2012Q4 us-gaap Other Receivables
OtherReceivables
82636000 USD
CY2011Q4 us-gaap Other Receivables
OtherReceivables
188477000 USD
CY2012Q4 us-gaap Inventory Net
InventoryNet
682749000 USD
CY2011Q4 us-gaap Inventory Net
InventoryNet
636032000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
103193000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
88797000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
156262000 USD
CY2011Q4 us-gaap Other Assets Current
OtherAssetsCurrent
106856000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
4287959000 USD
CY2011Q4 us-gaap Assets Current
AssetsCurrent
3085339000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5156731000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4429906000 USD
CY2012Q4 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
262795000 USD
CY2011Q4 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
128828000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
918791000 USD
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
897852000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
4765140000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
4015304000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
23960000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
20979000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4789100000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4036283000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10383749000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8062701000 USD
CY2012Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
20310000 USD
CY2011Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
4392000 USD
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
884596 shares
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
884596 shares
CY2012 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
12358000 USD
CY2012 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-15174000 USD
CY2011 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
19263000 USD
CY2010 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-13585000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
55807000 USD
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-117946000 USD
CY2010 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-40426000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-4050000 USD
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
7311000 USD
CY2011 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-3781000 USD
CY2010 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1020000 USD
CY2012 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
14739000 USD
CY2011 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
135552000 USD
CY2010 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
308079000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
180684000 USD
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
194484000 USD
CY2010 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7272000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-135742000 USD
CY2011 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1153000 USD
CY2010 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
723000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
278098000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-2375025000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
36610000 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-2120000 USD
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
43425000 USD
CY2010 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-63179000 USD
CY2012 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
1611370000 USD
CY2011 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-1344559000 USD
CY2010 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
1420371000 USD
CY2012 us-gaap Interest Paid Net
InterestPaidNet
189217000 USD
CY2011 us-gaap Interest Paid Net
InterestPaidNet
189940000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
221200000 USD
CY2010 us-gaap Interest Paid Net
InterestPaidNet
142210000 USD
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1140352000 USD
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1234453000 USD
CY2010 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
600371000 USD
CY2012 scco Workers Participation
WorkersParticipation
256042000 USD
CY2011 scco Workers Participation
WorkersParticipation
241420000 USD
CY2010 scco Workers Participation
WorkersParticipation
155440000 USD
CY2012 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-3394000 USD
CY2011 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
8310000 USD
CY2010 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
12179000 USD
CY2011 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
5417000 USD
CY2010 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-125535000 USD
CY2009Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
772306000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2192677000 USD
CY2009Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3893654000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3910409000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3595983000 USD
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
6100000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
6200000 USD
CY2012Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
6500000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
7300000 USD
CY2012Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
101100000 USD
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" size="2">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period.&#160; Significant items subject to such estimates and assumptions include the carrying value of ore reserves that are the basis for future cash flow estimates and amortization calculations; environmental, reclamation, closure and retirement obligations; estimates of recoverable copper in mill and leach stockpiles; asset impairments (including estimates of future cash flows); bad debts; inventory obsolescence; deferred and current income tax; valuation allowances for deferred tax assets; reserves for contingencies and litigation; and fair value of financial instruments.&#160; Management bases its estimates on the Company&#8217;s historical experience and on various other assumptions that are believed to be reasonable under the circumstances.&#160; Actual results could differ from those estimates.</font></div>
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
600000 USD
CY2011Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
93300000 USD
CY2012Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
297400000 USD
CY2011Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
290300000 USD
CY2012Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
284200000 USD
CY2011Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
252400000 USD
CY2012 scco Inventory Ore Stockpiles On Leach Pads Capitalized Costs
InventoryOreStockpilesOnLeachPadsCapitalizedCosts
225500000 USD
CY2012 scco Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales
InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales
68500000 USD
CY2011 scco Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales
InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales
49200000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8416700000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9412300000 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4255600000 USD
CY2011Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3986800000 USD
CY2012 scco Depreciation And Depletion Expense
DepreciationAndDepletionExpense
323500000 USD
CY2011 scco Depreciation And Depletion Expense
DepreciationAndDepletionExpense
286000000 USD
CY2010 scco Depreciation And Depletion Expense
DepreciationAndDepletionExpense
279600000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
135000000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
136100000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
43800000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41600000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
17000000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
17000000 USD
CY2012 scco Mine Development Total Reserve Increase To Qualify As Major Expansion
MineDevelopmentTotalReserveIncreaseToQualifyAsMajorExpansion
0.10 pure
CY2012Q4 scco Ore Reserves Copper Price Considered To Determine Average Price
OreReservesCopperPriceConsideredToDetermineAveragePrice
3.68
CY2011Q4 scco Ore Reserves Copper Price Considered To Determine Average Price
OreReservesCopperPriceConsideredToDetermineAveragePrice
3.26
CY2010Q4 scco Ore Reserves Copper Price Considered To Determine Average Price
OreReservesCopperPriceConsideredToDetermineAveragePrice
2.97
CY2012 scco Long Term Average Price Of Copper
LongTermAveragePriceOfCopper
3.00
CY2012 scco Long Term Average Price Of Molybdenum
LongTermAveragePriceOfMolybdenum
12.00
CY2012 scco Number Of Reportable Segment
NumberOfReportableSegment
3 segment
CY2012Q4 us-gaap Trading Securities Debt Current
TradingSecuritiesDebtCurrent
127800000 USD
CY2011Q4 us-gaap Trading Securities Debt Current
TradingSecuritiesDebtCurrent
514600000 USD
CY2012 scco Trading Securities Weighted Average Interest Rate
TradingSecuritiesWeightedAverageInterestRate
0.0187 pure
CY2011 scco Trading Securities Weighted Average Interest Rate
TradingSecuritiesWeightedAverageInterestRate
0.0137 pure
CY2012Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
6500000 USD
CY2011Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
7300000 USD
CY2012 scco Available For Sale Securities Weighted Average Interest Rate
AvailableForSaleSecuritiesWeightedAverageInterestRate
0.0043 pure
CY2011 scco Available For Sale Securities Weighted Average Interest Rate
AvailableForSaleSecuritiesWeightedAverageInterestRate
0.0058 pure
CY2012 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
3100000 USD
CY2011 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
6000000 USD
CY2012 us-gaap Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
2400000 USD
CY2011 us-gaap Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
-7600000 USD
CY2012 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
100000 USD
CY2011 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
100000 USD
CY2012 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
1900000 USD
CY2011 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
2100000 USD
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
400000 USD
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
500000 USD
CY2012 us-gaap Finite Lived Intangible Assets Amortization Expense
FiniteLivedIntangibleAssetsAmortizationExpense
2200000 USD
CY2011 us-gaap Finite Lived Intangible Assets Amortization Expense
FiniteLivedIntangibleAssetsAmortizationExpense
2100000 USD
CY2010 us-gaap Finite Lived Intangible Assets Amortization Expense
FiniteLivedIntangibleAssetsAmortizationExpense
2100000 USD
CY2012 scco Finite Lived Intangible Assets Future Amortization Expense Five Years
FiniteLivedIntangibleAssetsFutureAmortizationExpenseFiveYears
10900000 USD
CY2012 scco Finite Lived Intangible Assets Average Annual Future Amortization Expense
FiniteLivedIntangibleAssetsAverageAnnualFutureAmortizationExpense
2200000 USD
CY2012 scco Current Federal And State Tax Expense Benefit
CurrentFederalAndStateTaxExpenseBenefit
-100000 USD
CY2012 scco Deferred Federal And State Income Tax Expense Benefit
DeferredFederalAndStateIncomeTaxExpenseBenefit
-108600000 USD
CY2012 scco Uncertain Tax Positions
UncertainTaxPositions
147400000 USD
CY2012 scco Federal And State Income Tax Expense Benefit Continuing Operations
FederalAndStateIncomeTaxExpenseBenefitContinuingOperations
38700000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1025100000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
17100000 USD
CY2012 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
1042200000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-100000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2973600000 USD
CY2011 scco Current Federal And State Tax Expense Benefit
CurrentFederalAndStateTaxExpenseBenefit
-2400000 USD
CY2011 scco Deferred Federal And State Income Tax Expense Benefit
DeferredFederalAndStateIncomeTaxExpenseBenefit
-45300000 USD
CY2011 scco Uncertain Tax Positions
UncertainTaxPositions
-400000 USD
CY2011 scco Federal And State Income Tax Expense Benefit Continuing Operations
FederalAndStateIncomeTaxExpenseBenefitContinuingOperations
-48100000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1238700000 USD
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-86300000 USD
CY2011 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
1152400000 USD
CY2010 scco Current Federal And State Tax Expense Benefit
CurrentFederalAndStateTaxExpenseBenefit
-11200000 USD
CY2010 scco Deferred Federal And State Income Tax Expense Benefit
DeferredFederalAndStateIncomeTaxExpenseBenefit
6200000 USD
CY2010 scco Uncertain Tax Positions
UncertainTaxPositions
34800000 USD
CY2010 scco Federal And State Income Tax Expense Benefit Continuing Operations
FederalAndStateIncomeTaxExpenseBenefitContinuingOperations
29800000 USD
CY2010 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
843500000 USD
CY2010 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5200000 USD
CY2010 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
838300000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-1100000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3449800000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-1000000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2431800000 USD
CY2011 scco Effective Income Tax Rate Reconciliation At Peruvian Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtPeruvianIncomeTaxRate
0.30 pure
CY2010 scco Effective Income Tax Rate Reconciliation At Peruvian Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtPeruvianIncomeTaxRate
0.30 pure
CY2011 scco Effective Income Tax Rate Reconciliation Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationIncomeTaxRateDifferential
0.043 pure
CY2010 scco Effective Income Tax Rate Reconciliation Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationIncomeTaxRateDifferential
0.053 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion
-0.040 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion
-0.043 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.012 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.018 pure
CY2011 scco Effective Income Tax Rate Reconciliation Peruvian Deemed Distributed Income
EffectiveIncomeTaxRateReconciliationPeruvianDeemedDistributedIncome
0.013 pure
CY2010 scco Effective Income Tax Rate Reconciliation Peruvian Deemed Distributed Income
EffectiveIncomeTaxRateReconciliationPeruvianDeemedDistributedIncome
0.020 pure
CY2010 scco Effective Income Tax Rate Reconciliation Dividend Declared In Mexico
EffectiveIncomeTaxRateReconciliationDividendDeclaredInMexico
0.004 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.046 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.021 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.035 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.045 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.320 pure
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.357 pure
CY2012 scco Effective Income Tax Rate Reconciliation At Peruvian Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtPeruvianIncomeTaxRate
0.30 pure
CY2012 scco Effective Income Tax Rate Reconciliation Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationIncomeTaxRateDifferential
0.016 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion
-0.042 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.037 pure
CY2012 scco Effective Income Tax Rate Reconciliation Peruvian Deemed Distributed Income
EffectiveIncomeTaxRateReconciliationPeruvianDeemedDistributedIncome
0.013 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.050 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.017 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.006 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.004 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.363 pure
CY2012 scco Number Of Jurisdictions Where Entity Files Income Tax Return
NumberOfJurisdictionsWhereEntityFilesIncomeTaxReturn
3 item
CY2014 scco Effective Income Tax Rate Reconciliation At Mexican Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtMexicanIncomeTaxRate
0.29 pure
CY2015 scco Effective Income Tax Rate Reconciliation At Mexican Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtMexicanIncomeTaxRate
0.28 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2012 scco Effective Income Tax Rate Reconciliation At Mexican Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtMexicanIncomeTaxRate
0.30 pure
CY2011Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
23200000 USD
CY2011Q4 scco Deferred Tax Assets Receivables
DeferredTaxAssetsReceivables
18100000 USD
CY2011Q4 scco Deferred Tax Assets Capitalized Exploration Expenses
DeferredTaxAssetsCapitalizedExplorationExpenses
31900000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
174400000 USD
CY2011Q4 scco Deferred Tax Assets Tax Effect Of Peruvian Deferred Tax Liability
DeferredTaxAssetsTaxEffectOfPeruvianDeferredTaxLiability
3700000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
69700000 USD
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
35700000 USD
CY2011Q4 scco Deferred Tax Assets Tax On Labor Share Buyback
DeferredTaxAssetsTaxOnLaborShareBuyback
30100000 USD
CY2011Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
14000000 USD
CY2011Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
400800000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
166200000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
35300000 USD
CY2011Q4 scco Deferred Tax Liabilities Mexican Tax On Consolidated Dividends
DeferredTaxLiabilitiesMexicanTaxOnConsolidatedDividends
32600000 USD
CY2011Q4 scco Outside Basis Difference
OutsideBasisDifference
91600000 USD
CY2011Q4 scco Deferred Tax Liabilities Hedging Transactions
DeferredTaxLiabilitiesHedgingTransactions
4000000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2100000 USD
CY2011Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
331800000 USD
CY2011Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
69000000 USD
CY2012Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
23600000 USD
CY2012Q4 scco Deferred Tax Assets Capitalized Exploration Expenses
DeferredTaxAssetsCapitalizedExplorationExpenses
24400000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
202300000 USD
CY2012Q4 scco Deferred Tax Assets Tax Effect Of Peruvian Deferred Tax Liability
DeferredTaxAssetsTaxEffectOfPeruvianDeferredTaxLiability
33400000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
77500000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
26900000 USD
CY2012Q4 scco Deferred Tax Assets Tax On Labor Share Buyback
DeferredTaxAssetsTaxOnLaborShareBuyback
30000000 USD
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
32600000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
450700000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
125000000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
81600000 USD
CY2012Q4 scco Deferred Tax Liabilities Mexican Tax On Consolidated Dividends
DeferredTaxLiabilitiesMexicanTaxOnConsolidatedDividends
34600000 USD
CY2012Q4 scco Outside Basis Difference
OutsideBasisDifference
41300000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
500000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
283000000 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
167700000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
221200000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
70600000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
75700000 USD
CY2009Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
30700000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
39700000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
21600000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
46300000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
200000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
-26800000 USD
CY2010 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
-1800000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
110700000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
100000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
500000 USD
CY2012 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
150600000 USD
CY2011Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
70600000 USD
CY2010Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
8000000 USD
CY2012 scco Statutory Workers Participation Workers Participation Expenses
StatutoryWorkersParticipationWorkersParticipationExpenses
277400000 USD
CY2011 scco Statutory Workers Participation Workers Participation Expenses
StatutoryWorkersParticipationWorkersParticipationExpenses
256700000 USD
CY2010 scco Statutory Workers Participation Workers Participation Expenses
StatutoryWorkersParticipationWorkersParticipationExpenses
244300000 USD
CY2012Q4 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
17000000 USD
CY2012 scco Asset Retirement Obligation Units Number
AssetRetirementObligationUnitsNumber
3 item
CY2012 scco Asset Retirement Obligation Annual Guarantees
AssetRetirementObligationAnnualGuarantees
10500000 USD
CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
118200000 USD
CY2011Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
62000000 USD
CY2010Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
59100000 USD
CY2012 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
27400000 USD
CY2012 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
25100000 USD
CY2012 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
300000 USD
CY2011 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
500000 USD
CY2012 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-4000000 USD
CY2011 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-3400000 USD
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
2745700000 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
4213900000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
4051200000 USD
CY2012Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4261200000 USD
CY2012Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
47300000 USD
CY2012Q4 us-gaap Escrow Deposit
EscrowDeposit
5100000 USD
CY2011Q4 us-gaap Escrow Deposit
EscrowDeposit
5200000 USD
CY2012Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
25900000 USD
CY2011Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
18800000 USD
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1300000 USD
CY2011 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 USD
CY2010 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
400000 USD
CY2012 scco Defined Benefit Plan Number Of Peruvian Noncontributory Plans
DefinedBenefitPlanNumberOfPeruvianNoncontributoryPlans
2 plan
CY2010 us-gaap Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
43500000 USD
CY2012Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.0071 pure
CY2012Q4 us-gaap Environmental Cost Recognized Capitalized In Period
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24100000 USD
CY2011Q4 us-gaap Environmental Cost Recognized Capitalized In Period
EnvironmentalCostRecognizedCapitalizedInPeriod
14000000 USD
CY2010Q4 us-gaap Environmental Cost Recognized Capitalized In Period
EnvironmentalCostRecognizedCapitalizedInPeriod
16600000 USD
CY2008 us-gaap Stock Repurchase Program Authorized Amount
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500000000 USD
CY2011Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
1000000000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
28510150 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
13.49
CY2008Q4 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
28510150 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
384700000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4912000 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
14.64
CY2009Q3 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
33422150 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
71900000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
15600 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
29.69
CY2010Q4 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
33437750 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
500000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
9034400 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
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30.29
CY2011Q4 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
42472150 shares
us-gaap Treasury Stock Value Acquired Cost Method
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273700000 USD
CY2012Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
278486 shares
CY2012Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
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30.23
CY2012Q2 scco Treasury Stock Shares Acquired Cumulative
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42750636 shares
CY2012Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8400000 USD
CY2012Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
500000 shares
CY2012Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
28.57
CY2012Q2 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
43250636 shares
CY2012Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
14300000 USD
CY2012Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
370000 shares
CY2012Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
28.33
CY2012Q2 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
43620636 shares
CY2012Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10500000 USD
CY2012Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
100000 shares
CY2012Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2763850 shares
CY2012Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
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32.47
CY2012Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
34.71
CY2012Q3 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
43720636 shares
CY2012Q3 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
46484486 shares
CY2012Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3200000 USD
CY2012Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
95900000 USD
CY2012Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
34.83
CY2012Q4 scco Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
46914486 shares
CY2012Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
15000000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
46914486 shares
CY2012Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
3220925 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
878100000 USD
CY2012 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4442336 shares
CY2012 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
147300000 USD
CY2012Q4 scco Stock Repurchase Program Repurchase Price
StockRepurchaseProgramRepurchasePrice
37.86
CY2012Q4 scco Percentage Of Ownership By Parent
PercentageOfOwnershipByParent
0.813 pure
CY2011Q4 scco Percentage Of Ownership By Parent
PercentageOfOwnershipByParent
0.809 pure
CY2012Q4 us-gaap General Fair Value Hedge Information Minimum R Square Percentage
GeneralFairValueHedgeInformationMinimumRSquarePercentage
0.999 pure
CY2012Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
4870600000 USD
CY2012 scco Number Of Open Pit Copper Mines
NumberOfOpenPitCopperMines
4 item
CY2012 scco Number Of Underground Poly Metal Mines
NumberOfUndergroundPolyMetalMines
5 item
CY2012 scco Number Of Smelters
NumberOfSmelters
2 item
CY2012 scco Number Of Refineries
NumberOfRefineries
8 item
CY2011Q1 us-gaap Revenue Mineral Sales
RevenueMineralSales
1602000000 USD
CY2011Q2 us-gaap Revenue Mineral Sales
RevenueMineralSales
1801500000 USD
CY2011Q3 us-gaap Revenue Mineral Sales
RevenueMineralSales
1745900000 USD
CY2011Q4 us-gaap Revenue Mineral Sales
RevenueMineralSales
1669300000 USD
CY2011Q1 us-gaap Gross Profit
GrossProfit
794500000 USD
CY2011Q2 us-gaap Gross Profit
GrossProfit
1032600000 USD
CY2011Q3 us-gaap Gross Profit
GrossProfit
996100000 USD
CY2011Q4 us-gaap Gross Profit
GrossProfit
944200000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
762700000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
998700000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
962100000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
901900000 USD
CY2011Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.56
CY2011Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.77
CY2011Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.78
CY2011Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.62
CY2011 us-gaap Gross Profit
GrossProfit
3767400000 USD
CY2012Q1 us-gaap Revenue Mineral Sales
RevenueMineralSales
1805900000 USD
CY2012Q2 us-gaap Revenue Mineral Sales
RevenueMineralSales
1659900000 USD
CY2012Q3 us-gaap Revenue Mineral Sales
RevenueMineralSales
1552400000 USD
CY2012Q4 us-gaap Revenue Mineral Sales
RevenueMineralSales
1651100000 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
1007100000 USD
CY2012Q2 us-gaap Gross Profit
GrossProfit
913600000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
800200000 USD
CY2012Q4 us-gaap Gross Profit
GrossProfit
853400000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
972900000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
875600000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
447800000 USD
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
812600000 USD
CY2012 us-gaap Gross Profit
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3574300000 USD
CY2012Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.73
CY2012Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.66
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.26
CY2012Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.63
CY2012 scco Number Of Countries Operating Open Pit Mines
NumberOfCountriesOperatingOpenPitMines
2 country
CY2011 us-gaap Revenues
Revenues
6818700000 USD
CY2011 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-172800000 USD
CY2011 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
612900000 USD
CY2010 us-gaap Revenues
Revenues
5149500000 USD
CY2010 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
408700000 USD
CY2010Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4095000000 USD
CY2010Q4 us-gaap Assets
Assets
8128019000 USD
CY2010 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-152700000 USD
CY2012 us-gaap Revenues
Revenues
6669300000 USD
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-157200000 USD
CY2012 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
1051900000 USD
CY2010 us-gaap Gain Loss On Price Risk Derivatives Net
GainLossOnPriceRiskDerivativesNet
-41900000 USD
CY2011 us-gaap Gain Loss On Price Risk Derivatives Net
GainLossOnPriceRiskDerivativesNet
13500000 USD
CY2012 scco Other Significant Noncash Transaction Value Loan Granted To Related Parties
OtherSignificantNoncashTransactionValueLoanGrantedToRelatedParties
146351000 USD
CY2012 scco Other Significant Noncash Transaction Value Other Accounts Receivable From Related Parties
OtherSignificantNoncashTransactionValueOtherAccountsReceivableFromRelatedParties
-146351000 USD
CY2012 scco Statutory Workers Participation Workers Participation Expenses Current
StatutoryWorkersParticipationWorkersParticipationExpensesCurrent
263100000 USD
CY2011 scco Statutory Workers Participation Workers Participation Expenses Current
StatutoryWorkersParticipationWorkersParticipationExpensesCurrent
274700000 USD
CY2010 scco Statutory Workers Participation Workers Participation Expenses Current
StatutoryWorkersParticipationWorkersParticipationExpensesCurrent
233600000 USD
CY2012 scco Statutory Workers Participation Workers Participation Expenses Deferred
StatutoryWorkersParticipationWorkersParticipationExpensesDeferred
14300000 USD
CY2011 scco Statutory Workers Participation Workers Participation Expenses Deferred
StatutoryWorkersParticipationWorkersParticipationExpensesDeferred
-18000000 USD
CY2010 scco Statutory Workers Participation Workers Participation Expenses Deferred
StatutoryWorkersParticipationWorkersParticipationExpensesDeferred
10700000 USD
CY2011 scco Asset Retirement Obligation Period After Which Successive Reviews Are Required
AssetRetirementObligationPeriodAfterWhichSuccessiveReviewsAreRequired
5
CY2011 scco Asset Retirement Obligation Period After Which First Review Is Required
AssetRetirementObligationPeriodAfterWhichFirstReviewIsRequired
3
CY2012Q4 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
183950000 USD
CY1997Q4 scco Power Purchase Agreement Term
PowerPurchaseAgreementTerm
20
CY2012 scco Effective Income Tax Rate Reconciliation Duration For Which Statutory Rates Considered To Determine Effective Tax Rate
EffectiveIncomeTaxRateReconciliationDurationForWhichStatutoryRatesConsideredToDetermineEffectiveTaxRate
3
CY2012 scco Inventory Ore Stockpiles On Leach Pads Recovery Period
InventoryOreStockpilesOnLeachPadsRecoveryPeriod
5
CY2012 scco Ore Reserves Estimates Preceeding Periods Considered For Calculation Of Average Metal Price
OreReservesEstimatesPreceedingPeriodsConsideredForCalculationOfAverageMetalPrice
3
CY2012 scco Number Of Years Average Prices For Copper And Molybdenum Used For Impairment Analysis
NumberOfYearsAveragePricesForCopperAndMolybdenumUsedForImpairmentAnalysis
3
CY2012 us-gaap Property Plant And Equipment Useful Life Minimum
PropertyPlantAndEquipmentUsefulLifeMinimum
5
CY2012 us-gaap Property Plant And Equipment Useful Life Maximum
PropertyPlantAndEquipmentUsefulLifeMaximum
40
CY2011Q4 scco Provisional Price Sales Adjustments In Accounts Receivable
ProvisionalPriceSalesAdjustmentsInAccountsReceivable
-2000000 USD
CY2012Q4 scco Provisional Price Sales Adjustments In Accounts Receivable
ProvisionalPriceSalesAdjustmentsInAccountsReceivable
6600000 USD
CY2012 scco Income Loss From Continuing Operations Before Income Taxes Peru
IncomeLossFromContinuingOperationsBeforeIncomeTaxesPeru
846000000 USD
CY2011 scco Income Loss From Continuing Operations Before Income Taxes Peru
IncomeLossFromContinuingOperationsBeforeIncomeTaxesPeru
1351900000 USD
CY2010 scco Income Loss From Continuing Operations Before Income Taxes Peru
IncomeLossFromContinuingOperationsBeforeIncomeTaxesPeru
1544700000 USD
CY2012 scco Income Loss From Continuing Operations Before Income Taxes Mexico
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMexico
2127600000 USD
CY2011 scco Income Loss From Continuing Operations Before Income Taxes Mexico
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMexico
2097900000 USD
CY2010 scco Income Loss From Continuing Operations Before Income Taxes Mexico
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMexico
887100000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
900000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
1300000 USD
CY2011 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-5100000 USD
CY2010 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
45000000 USD
CY2012Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
20300000 USD
CY2011Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
4400000 USD
CY2010 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
66500000 USD
CY2012 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
147500000 USD
CY2011 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
100100000 USD
CY2012 us-gaap Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
23500000 USD
CY2011 us-gaap Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
68800000 USD
CY2011 scco Provisional Price Sales Adjustment In Net Sales
ProvisionalPriceSalesAdjustmentInNetSales
-2000000 USD
CY2012 scco Provisional Price Sales Adjustment In Net Sales
ProvisionalPriceSalesAdjustmentInNetSales
6600000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
10000000 USD
CY2012Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
200000000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-3500000 USD
CY2012Q1 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
9000000 shares
CY2012Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
2337000 USD
CY2011Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
1988000 USD
CY2012 scco Proceeds From Damage Award
ProceedsFromDamageAward
2108221000 USD
CY2012 scco Effective Income Tax Rate Reconciliation Special Mining Tax
EffectiveIncomeTaxRateReconciliationSpecialMiningTax
0.016 pure
CY2011 scco Effective Income Tax Rate Reconciliation Special Mining Tax
EffectiveIncomeTaxRateReconciliationSpecialMiningTax
0.005 pure
CY2011 scco Effective Income Tax Rate Reconciliation At Mexican Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtMexicanIncomeTaxRate
0.30 pure
CY2010 scco Effective Income Tax Rate Reconciliation At Mexican Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtMexicanIncomeTaxRate
0.30 pure
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
27800000 USD
CY2012 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.06
CY2011 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.43
CY2010 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.66
CY2012Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.75
CY2012Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2012Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.53
CY2012Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.54
CY2011Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.70
CY2011Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.61
CY2011Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.55
CY2011Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.57
CY2012 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
10623000 USD
CY2012 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
18200000 USD
CY2012Q4 us-gaap Profit Loss
ProfitLoss
533200000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
1941372000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
219300000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
565300000 USD
CY2012Q1 us-gaap Profit Loss
ProfitLoss
623600000 USD
CY2011Q4 us-gaap Profit Loss
ProfitLoss
539100000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
2344353000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
665100000 USD
CY2011Q2 us-gaap Profit Loss
ProfitLoss
660100000 USD
CY2011Q1 us-gaap Profit Loss
ProfitLoss
480100000 USD
CY2010 us-gaap Profit Loss
ProfitLoss
1562709000 USD
CY2011Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
478400000 USD
CY2011Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
658000000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
663100000 USD
CY2011Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
536900000 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2336424000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
621400000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
563500000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
217900000 USD
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
531800000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1934632000 USD
CY2012 scco Area Of Mining Concession
AreaOfMiningConcession
32989.64
CY2012Q1 scco Dividends Common Stock Cash Per Share
DividendsCommonStockCashPerShare
0.19
CY2012Q1 scco Dividends Common Stock Stock Per Share
DividendsCommonStockStockPerShare
0.35

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