2014 Q4 Form 10-Q Financial Statement
#000110465914075626 Filed on October 31, 2014
Income Statement
| Concept | 2014 Q4 | 2014 Q3 | 2014 Q2 |
|---|---|---|---|
| Revenue | $1.471B | $1.475B | $1.487B |
| YoY Change | -4.16% | 6.51% | 5.47% |
| Cost Of Revenue | $742.5M | $729.5M | $726.6M |
| YoY Change | -3.11% | 9.97% | 2.16% |
| Gross Profit | $728.7M | $745.1M | $760.8M |
| YoY Change | 10.66% | 20.77% | 25.88% |
| Gross Profit Margin | 49.53% | 50.53% | 51.15% |
| Selling, General & Admin | $27.20M | $26.28M | $25.40M |
| YoY Change | 6.25% | 9.03% | -7.48% |
| % of Gross Profit | 3.73% | 3.53% | 3.34% |
| Research & Development | $17.30M | $20.60M | $22.10M |
| YoY Change | 1.76% | 71.67% | 88.89% |
| % of Gross Profit | 2.37% | 2.76% | 2.9% |
| Depreciation & Amortization | $104.5M | $113.9M | $116.1M |
| YoY Change | -5.34% | 12.25% | 24.14% |
| % of Gross Profit | 14.34% | 15.29% | 15.26% |
| Operating Expenses | $203.2M | $26.28M | $25.40M |
| YoY Change | 32.81% | 9.03% | -7.48% |
| Operating Profit | $525.5M | $547.1M | $597.3M |
| YoY Change | -14.68% | -6.25% | 5.45% |
| Interest Expense | -$23.30M | -$30.80M | -$33.20M |
| YoY Change | -40.71% | -29.52% | -28.6% |
| % of Operating Profit | -4.43% | -5.63% | -5.56% |
| Other Income/Expense, Net | -$8.300M | -$22.52M | -$5.779M |
| YoY Change | 245.83% | -1406.38% | -134.12% |
| Pretax Income | $493.9M | $493.8M | $558.3M |
| YoY Change | -13.97% | -8.82% | 4.0% |
| Income Tax | $150.7M | $173.9M | $225.8M |
| % Of Pretax Income | 30.51% | 35.23% | 40.44% |
| Net Earnings | $348.0M | $325.8M | $338.4M |
| YoY Change | -14.6% | -5.73% | -9.55% |
| Net Earnings / Revenue | 23.65% | 22.09% | 22.75% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $426.3K | $391.1K | $404.7K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 818.2M shares | 832.3M shares | 833.4M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q4 | 2014 Q3 | 2014 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $703.0M | $1.242B | $1.625B |
| YoY Change | -62.63% | -42.47% | -30.35% |
| Cash & Equivalents | $364.0M | $1.034B | $1.335B |
| Short-Term Investments | $339.0M | $208.0M | $290.0M |
| Other Short-Term Assets | $329.0M | $199.0M | $150.3M |
| YoY Change | 106.93% | -2.01% | -29.69% |
| Inventory | $836.0M | $750.0M | $754.6M |
| Prepaid Expenses | |||
| Receivables | $540.0M | $514.2M | $583.1M |
| Other Receivables | $82.00M | $84.00M | $66.00M |
| Total Short-Term Assets | $2.490B | $2.955B | $3.313B |
| YoY Change | -27.11% | -20.77% | -14.51% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $7.436B | $7.190B | $6.934B |
| YoY Change | 14.82% | 19.19% | 23.02% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $67.00M | $67.32M | $64.14M |
| YoY Change | 17.25% | ||
| Other Assets | $1.249B | $263.8M | $216.7M |
| YoY Change | 526.62% | -2.1% | -26.79% |
| Total Long-Term Assets | $9.037B | $8.582B | $8.195B |
| YoY Change | 19.22% | 19.1% | 20.89% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $2.490B | $2.955B | $3.313B |
| Total Long-Term Assets | $9.037B | $8.582B | $8.195B |
| Total Assets | $11.53B | $11.54B | $11.51B |
| YoY Change | 4.83% | 5.5% | 8.01% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $481.0M | $604.2M | $508.9M |
| YoY Change | -2.49% | 32.26% | 12.4% |
| Accrued Expenses | $308.0M | $335.0M | $225.0M |
| YoY Change | 8.83% | 22.26% | 8.7% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $200.0M | $200.0M | $200.0M |
| YoY Change | 3900.0% | 3900.0% | |
| Total Short-Term Liabilities | $1.151B | $1.224B | $1.026B |
| YoY Change | 46.89% | 66.31% | 54.4% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $3.981B | $4.006B | $4.005B |
| YoY Change | -5.33% | -4.73% | -4.73% |
| Other Long-Term Liabilities | $173.0M | $63.91M | $76.76M |
| YoY Change | 127.63% | -14.24% | 13.84% |
| Total Long-Term Liabilities | $4.154B | $4.433B | $4.505B |
| YoY Change | -10.68% | -7.45% | -5.46% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.151B | $1.224B | $1.026B |
| Total Long-Term Liabilities | $4.154B | $4.433B | $4.505B |
| Total Liabilities | $5.722B | $5.657B | $5.531B |
| YoY Change | 5.3% | 2.38% | 1.86% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $4.097B | $3.872B | |
| YoY Change | 32.61% | 36.04% | |
| Common Stock | $3.357B | $3.359B | |
| YoY Change | 0.38% | 0.52% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $1.611B | $1.291B | |
| YoY Change | 52.69% | 29.85% | |
| Treasury Stock Shares | |||
| Shareholders Equity | $5.804B | $5.849B | $5.947B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $11.53B | $11.54B | $11.51B |
| YoY Change | 4.83% | 5.5% | 8.01% |
Cashflow Statement
| Concept | 2014 Q4 | 2014 Q3 | 2014 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $348.0M | $325.8M | $338.4M |
| YoY Change | -14.6% | -5.73% | -9.55% |
| Depreciation, Depletion And Amortization | $104.5M | $113.9M | $116.1M |
| YoY Change | -5.34% | 12.25% | 24.14% |
| Cash From Operating Activities | $239.5M | $434.6M | $333.6M |
| YoY Change | -51.63% | -6.58% | 10.32% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$422.3M | $411.6M | $375.6M |
| YoY Change | -17.65% | -15.7% | -2.55% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$130.6M | $81.90M | -$12.30M |
| YoY Change | -179.73% | 4034.28% | -93.35% |
| Cash From Investing Activities | -$552.9M | -$328.5M | -$372.4M |
| YoY Change | 58.42% | -26.89% | -34.71% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $323.4M | $13.03M | |
| YoY Change | 444.22% | -79.82% | |
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -392.1M | -423.3M | -96.30M |
| YoY Change | 48.97% | 163.9% | -59.64% |
| NET CHANGE | |||
| Cash From Operating Activities | 239.5M | 434.6M | 333.6M |
| Cash From Investing Activities | -552.9M | -328.5M | -372.4M |
| Cash From Financing Activities | -392.1M | -423.3M | -96.30M |
| Net Change In Cash | -705.5M | -317.2M | -135.1M |
| YoY Change | 502.48% | 119.52% | -73.33% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $239.5M | $434.6M | $333.6M |
| Capital Expenditures | -$422.3M | $411.6M | $375.6M |
| Free Cash Flow | $661.8M | $23.00M | -$42.04M |
| YoY Change | -34.34% | -199.77% | -49.39% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
| CY2014Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
28.06 | |
| CY2014Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
27.04 | |
| CY2014Q3 | scco |
Percentage Of Ownership By Parent
PercentageOfOwnershipByParent
|
0.835 | pure |
| 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;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company is a majority-owned, indirect subsidiary of Grupo Mexico S.A.B. de C.V. (“Grupo Mexico”).  At September 30, 2014, Grupo Mexico through its wholly-owned subsidiary Americas Mining Corporation (“AMC”) owned 83.5% of the Company’s capital stock.  The condensed consolidated financial statements presented herein consist of the accounts of Southern Copper Corporation (“SCC” or the “Company”), a Delaware corporation, and its subsidiaries. The Company is an integrated producer of copper and other minerals, and operates mining, smelting and refining facilities in Peru and Mexico. The Company conducts its primary operations in Peru through a registered branch (the “Peruvian Branch” or “Branch” or “SPCC Peru Branch”).  The Peruvian Branch is not a corporation separate from the Company.  The Company’s Mexican operations are conducted through subsidiaries. The Company also conducts exploration activities in Argentina, Chile, Ecuador, Mexico and Peru.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In the opinion of the Company, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to state fairly the Company’s financial position as of September 30, 2014 and the results of operations, comprehensive income and cash flows for the three and nine months ended September 30, 2014 and 2013.  The results of operations for the three and nine months ended September 30, 2014 and 2013 are not necessarily indicative of the results to be expected for the full year. The December 31, 2013 balance sheet data was derived from audited financial statements, but does not include all disclosures required by generally accepted accounting principles in the United States of America (U.S. GAAP).  The accompanying condensed consolidated financial statements should be read in conjunction with the consolidated financial statements at December 31, 2013 and notes included in the Company’s 2013 annual report on Form 10-K.</font></p> </div> | ||
| CY2014Q3 | us-gaap |
Trading Securities
TradingSecurities
|
202800000 | USD |
| CY2013Q4 | us-gaap |
Trading Securities
TradingSecurities
|
202600000 | USD |
| CY2014Q3 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
5200000 | USD |
| CY2013Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
5700000 | USD |
| CY2013 | scco |
Available For Sale Securities Weighted Average Interest Rate
AvailableForSaleSecuritiesWeightedAverageInterestRate
|
0.0042 | pure |
| scco |
Available For Sale Securities Weighted Average Interest Rate
AvailableForSaleSecuritiesWeightedAverageInterestRate
|
0.0042 | pure | |
| CY2014Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
207986000 | USD |
| CY2013Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
208268000 | USD |
| CY2013Q3 | us-gaap |
Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
|
1900000 | USD |
| us-gaap |
Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
|
3600000 | USD | |
| us-gaap |
Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
|
3900000 | USD | |
| CY2013Q3 | us-gaap |
Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
|
-100000 | USD |
| us-gaap |
Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
|
-1000000 | USD | |
| us-gaap |
Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
|
-100000 | USD | |
| us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
400000 | USD | |
| CY2014Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
349300000 | USD |
| CY2014Q3 | us-gaap |
Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
|
306800000 | USD |
| CY2014Q3 | us-gaap |
Inventory Net
InventoryNet
|
750005000 | USD |
| CY2014Q3 | us-gaap |
Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
|
539600000 | USD |
| scco |
Inventory Ore Stockpiles On Leach Pads Capitalized Costs
InventoryOreStockpilesOnLeachPadsCapitalizedCosts
|
265500000 | USD | |
| us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
0 | USD | |
| CY2014Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
4926534 | shares |
| CY2013 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
10245000 | shares |
| CY2014Q2 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
450532 | shares |
| CY2012 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
4442336 | shares |
| CY2013 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
27.47 | |
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.383 | pure | |
| us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.335 | pure | |
| scco |
Effective Income Tax Rate Increase Decrease
EffectiveIncomeTaxRateIncreaseDecrease
|
0.040 | pure | |
| us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
504100000 | USD | |
| us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
568300000 | USD | |
| scco |
Asset Retirement Obligation Period After Which Successive Reviews Are Required
AssetRetirementObligationPeriodAfterWhichSuccessiveReviewsAreRequired
|
5 | ||
| CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.39 | |
| CY2014Q3 | us-gaap |
Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
|
27800000 | USD |
| CY2014Q3 | scco |
Asset Retirement Obligation Annual Guarantees
AssetRetirementObligationAnnualGuarantees
|
14200000 | USD |
| scco |
Asset Retirement Obligation Units Number
AssetRetirementObligationUnitsNumber
|
3 | item | |
| CY2012 | us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
25100000 | USD |
| CY2012Q4 | scco |
Asset Retirement Obligation Increase In Carrying Amount Of The Related Longlived Asset
AssetRetirementObligationIncreaseInCarryingAmountOfTheRelatedLonglivedAsset
|
20300000 | USD |
| CY2013Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
124800000 | USD |
| CY2012Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
122300000 | USD |
| us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
26700000 | USD | |
| us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
8100000 | USD | |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
5800000 | USD | |
| CY2014Q3 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
149200000 | USD |
| CY2014Q3 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
28400000 | USD |
| CY2013Q4 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
38062000 | USD |
| CY2014Q3 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
65519000 | USD |
| CY2013Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
28373000 | USD |
| scco |
Defined Benefit Plan Number Of Expatriate Noncontributory Plans
DefinedBenefitPlanNumberOfExpatriateNoncontributoryPlans
|
2 | plan | |
| us-gaap |
Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
|
105700000 | USD | |
| CY2014Q3 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
31.87 | |
| CY2014Q3 | us-gaap |
Environmental Remediation Expense
EnvironmentalRemediationExpense
|
37163000 | USD |
| scco |
Commitments For Capital Projects
CommitmentsForCapitalProjects
|
600000000 | USD | |
| us-gaap |
Revenues
Revenues
|
4316442000 | USD | |
| CY2014Q3 | us-gaap |
Revenues
Revenues
|
1474647000 | USD |
| CY2013Q3 | us-gaap |
Revenues
Revenues
|
1384507000 | USD |
| us-gaap |
Revenues
Revenues
|
4417732000 | USD | |
| CY2013Q3 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
488200000 | USD |
| us-gaap |
Environmental Remediation Expense
EnvironmentalRemediationExpense
|
37163000 | USD | |
| us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
1190500000 | USD | |
| CY2014Q3 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
0 | USD |
| CY2014Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
724516 | shares |
| CY2008 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
28510150 | shares |
| CY2009 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
4912000 | shares |
| CY2010 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
15600 | shares |
| CY2011 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
9034400 | shares |
| CY2014Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1768000 | shares |
| CY2014Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
106079 | shares |
| CY2014Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1874079 | shares |
| CY2014Q2 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
450532 | shares |
| us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
69633410 | shares | |
| CY2014Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
28.92 | |
| CY2012 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
33.17 | |
| CY2008 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
13.49 | |
| CY2009 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
14.64 | |
| CY2010 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
29.69 | |
| CY2011 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
30.29 | |
| CY2014Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
28.00 | |
| CY2014Q2 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
28.92 | |
| CY2014Q3 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
33.04 | |
| CY2012Q4 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
46914486 | shares |
| CY2014Q2 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
59484097 | shares |
| CY2013Q4 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
57159486 | shares |
| CY2008Q4 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
28510150 | shares |
| CY2009Q4 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
33422150 | shares |
| CY2010Q4 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
33437750 | shares |
| CY2011Q4 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
42472150 | shares |
| CY2014Q1 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
58927486 | shares |
| CY2014Q1 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
59033565 | shares |
| CY2014Q3 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
15229726 | shares |
| CY2014Q3 | scco |
Stock Repurchase Program Repurchase Price
StockRepurchaseProgramRepurchasePrice
|
29.65 | |
| CY2013 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
281400000 | USD |
| CY2014Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
13000000 | USD |
| CY2012 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
147300000 | USD |
| CY2008 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
384700000 | USD |
| CY2009 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
71900000 | USD |
| CY2010 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
500000 | USD |
| CY2011 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
273700000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
49600000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
2900000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
52500000 | USD |
| CY2014Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
13000000 | USD |
| CY2014Q3 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.835 | pure |
| CY2014Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
23900000 | USD |
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Interest Income Expense Net
InterestIncomeExpenseNet
|
-100000000 | USD | |
| CY2014Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-30800000 | USD |
| CY2013Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-43700000 | USD |
| us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-137300000 | USD | |
| us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
1111000000 | USD | |
| CY2014Q3 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
411600000 | USD |
| CY2013Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6032100000 | USD |
| CY2014Q3 | us-gaap |
Minority Interest
MinorityInterest
|
31228000 | USD |
| CY2013Q3 | us-gaap |
Assets
Assets
|
10935700000 | USD |
| CY2013Q4 | us-gaap |
Minority Interest
MinorityInterest
|
28158000 | USD |
| CY2012Q4 | us-gaap |
Minority Interest
MinorityInterest
|
24000000 | USD |
| CY2013Q3 | us-gaap |
Minority Interest
MinorityInterest
|
27100000 | USD |
| us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
706000 | USD | |
| us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
1097000 | USD | |
| scco |
Noncontrolling Interest Increase Decrease Other
NoncontrollingInterestIncreaseDecreaseOther
|
100000 | USD | |
| scco |
Noncontrolling Interest Increase Decrease Other
NoncontrollingInterestIncreaseDecreaseOther
|
200000 | USD | |
| CY2014Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
4205700000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4204900000 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
4538800000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
4088800000 | USD |
| dei |
Entity Registrant Name
EntityRegistrantName
|
SOUTHERN COPPER CORP/ | ||
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001001838 | ||
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-09-30 | ||
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
| dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
| CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
818167302 | shares |
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Revenue Mineral Sales
RevenueMineralSales
|
1474647000 | USD |
| CY2013Q3 | us-gaap |
Revenue Mineral Sales
RevenueMineralSales
|
1384507000 | USD |
| us-gaap |
Revenue Mineral Sales
RevenueMineralSales
|
4316442000 | USD | |
| us-gaap |
Revenue Mineral Sales
RevenueMineralSales
|
4417732000 | USD | |
| CY2014Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
729505000 | USD |
| CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
26282000 | USD |
| CY2014Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
113923000 | USD |
| CY2014Q3 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
20638000 | USD |
| CY2014Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
927511000 | USD |
| CY2013Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
663342000 | USD |
| CY2013Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
24106000 | USD |
| CY2013Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
101489000 | USD |
| CY2013Q3 | us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
11984000 | USD |
| CY2013Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
800921000 | USD |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
2097988000 | USD | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
76178000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
340467000 | USD | |
| us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
57317000 | USD | |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
2609113000 | USD | |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
2097322000 | USD | |
| us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
76932000 | USD | |
| us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
285577000 | USD | |
| us-gaap |
Exploration Expense Mining
ExplorationExpenseMining
|
33959000 | USD | |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
2493790000 | USD | |
| CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
547136000 | USD |
| CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
583586000 | USD |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1707329000 | USD | |
| us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1923942000 | USD | |
| CY2014Q3 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
67728000 | USD |
| CY2013Q3 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
67543000 | USD |
| us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
198943000 | USD | |
| us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
199320000 | USD | |
| CY2014Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
-33153000 | USD |
| CY2013Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
-18303000 | USD |
| us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
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| us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
-46249000 | USD | |
| CY2014Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-22522000 | USD |
| CY2013Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1724000 | USD |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-32507000 | USD | |
| us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
19507000 | USD | |
| CY2014Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3765000 | USD |
| CY2013Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
5516000 | USD |
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
12017000 | USD | |
| us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
15791000 | USD | |
| CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
493804000 | USD |
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
541586000 | USD |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1574814000 | USD | |
| us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1806169000 | USD | |
| CY2014Q3 | scco |
Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments
|
319855000 | USD |
| CY2013Q3 | scco |
Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments
|
343701000 | USD |
| scco |
Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments
|
970934000 | USD | |
| scco |
Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments
|
1201535000 | USD | |
| CY2014Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
5926000 | USD |
| CY2013Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
1865000 | USD |
| us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
17825000 | USD | |
| us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
15169000 | USD | |
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Profit Loss
ProfitLoss
|
325781000 | USD |
| CY2013Q3 | us-gaap |
Profit Loss
ProfitLoss
|
345566000 | USD |
| us-gaap |
Profit Loss
ProfitLoss
|
988759000 | USD | |
| us-gaap |
Profit Loss
ProfitLoss
|
1216704000 | USD | |
| CY2014Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1463000 | USD |
| CY2013Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1345000 | USD |
| us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3800000 | USD | |
| us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
4354000 | USD | |
| CY2014Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
324318000 | USD |
| CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
344221000 | USD |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
984959000 | USD | |
| us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1212350000 | USD | |
| CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
173949000 | USD |
| CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
197885000 | USD |
| CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-65000 | USD |
| CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.41 | |
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
1.18 | ||
| us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
1.44 | ||
| CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.12 | |
| CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.12 | |
| us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.34 | ||
| us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.56 | ||
| CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
829216000 | shares |
| CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
841946000 | shares |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
832116000 | shares | |
| us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
844148000 | shares | |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
152000 | USD | |
| CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
224000 | USD |
| us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
600000 | USD | |
| CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
325846000 | USD |
| CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1463000 | USD |
| CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
324383000 | USD |
| CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1345000 | USD |
| CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
343997000 | USD |
| us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
988607000 | USD | |
| us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
984807000 | USD | |
| us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
1216104000 | USD | |
| us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
4354000 | USD | |
| CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
44000 | USD |
| CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
150000 | USD |
| us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
102000 | USD | |
| us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
402000 | USD | |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1672695000 | USD |
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
533226000 | USD |
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Other Receivables
OtherReceivables
|
64552000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
84377000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
158990000 | USD |
| CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
3416050000 | USD |
| CY2013Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
110219000 | USD |
| CY2013Q4 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
161244000 | USD |
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Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
180707000 | USD |
| CY2013Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
57142000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
199322000 | USD |
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Assets
Assets
|
10996029000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6476168000 | USD |
| CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1034174000 | USD |
| CY2014Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
514187000 | USD |
| CY2014Q3 | us-gaap |
Other Receivables
OtherReceivables
|
84228000 | USD |
| CY2014Q3 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
128733000 | USD |
| CY2014Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
199011000 | USD |
| CY2014Q3 | us-gaap |
Assets Current
AssetsCurrent
|
2955487000 | USD |
| CY2014Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7189550000 | USD |
| CY2014Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
110115000 | USD |
| CY2014Q3 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
161244000 | USD |
| CY2014Q3 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
250012000 | USD |
| CY2014Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
67324000 | USD |
| CY2014Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
263775000 | USD |
| CY2014Q3 | us-gaap |
Assets
Assets
|
11537107000 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
200000000 | USD |
| CY2014Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
604248000 | USD |
| CY2014Q3 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
84558000 | USD |
| CY2014Q3 | scco |
Accrued Workers Participation
AccruedWorkersParticipation
|
172753000 | USD |
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Interest Payable Current
InterestPayableCurrent
|
92602000 | USD |
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Other Liabilities Current
OtherLiabilitiesCurrent
|
69986000 | USD |
| CY2014Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1224147000 | USD |
| CY2014Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4005746000 | USD |
| CY2014Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
214013000 | USD |
| CY2014Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
63905000 | USD |
| CY2014Q3 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
149217000 | USD |
| CY2014Q3 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
4432881000 | USD |
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
493263000 | USD |
| CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
7474000 | USD |
| CY2013Q4 | scco |
Accrued Workers Participation
AccruedWorkersParticipation
|
192371000 | USD |
| CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
70787000 | USD |
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Other Liabilities Current
OtherLiabilitiesCurrent
|
19689000 | USD |
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Liabilities Current
LiabilitiesCurrent
|
783584000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4204915000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
244875000 | USD |
| CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
76000000 | USD |
| CY2013Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
124835000 | USD |
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Liabilities Noncurrent
LiabilitiesNoncurrent
|
4650625000 | USD |
| CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
8846000 | USD |
| CY2014Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3348641000 | USD |
| CY2014Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
4096772000 | USD |
| CY2014Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
6087000 | USD |
| CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
8846000 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3340349000 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
3394827000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
6239000 | USD |
| CY2014Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1611495000 | USD |
| CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1216599000 | USD |
| CY2014Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5848851000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5533662000 | USD |
| CY2014Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5880079000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5561820000 | USD |
| CY2014Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
11537107000 | USD |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10996029000 | USD |
| CY2014Q3 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
3184000 | USD |
| CY2013Q3 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
1079000 | USD |
| us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
10181000 | USD | |
| us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
6588000 | USD | |
| CY2014Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
14856000 | USD |
| CY2013Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
573000 | USD |
| us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
20663000 | USD | |
| us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-10490000 | USD | |
| CY2013Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-9769000 | USD |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-133052000 | USD | |
| us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
912000 | USD | |
| CY2014Q3 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-68956000 | USD |
| CY2013Q3 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-1148000 | USD |
| us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-19039000 | USD | |
| us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-182111000 | USD | |
| CY2014Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
39741000 | USD |
| CY2013Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
69104000 | USD |
| CY2014Q3 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-76230000 | USD |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
200486000 | USD | |
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
132731000 | USD | |
| CY2014Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
161321000 | USD |
| CY2013Q3 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
170346000 | USD |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
203400000 | USD | |
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-17546000 | USD | |
| CY2014Q3 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
100417000 | USD |
| CY2013Q3 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
72848000 | USD |
| us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
68201000 | USD | |
| us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
176842000 | USD | |
| CY2014Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
435553000 | USD |
| CY2013Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
465176000 | USD |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1119082000 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1362087000 | USD | |
| CY2014Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
411603000 | USD |
| CY2013Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
488249000 | USD |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1110964000 | USD | |
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1190501000 | USD | |
| CY2014Q3 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-81823000 | USD |
| CY2013Q3 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-29469000 | USD |
| us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-208000 | USD | |
| us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
229166000 | USD | |
| CY2013Q3 | us-gaap |
Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
9454000 | USD |
| us-gaap |
Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
|
22706000 | USD | |
| CY2014Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
15000 | USD |
| CY2013Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
19000 | USD |
| us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
4896000 | USD | |
| us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1046000 | USD | |
| CY2014Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-329765000 | USD |
| CY2013Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-449307000 | USD |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1105860000 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1395915000 | USD | |
| us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
5000000 | USD | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
473062000 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
123991000 | USD | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
1053000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-602097000 | USD | |
| us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
283013000 | USD | |
| us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
388945000 | USD | |
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
1079000 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-671585000 | USD | |
| CY2013Q3 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
101028000 | USD |
| CY2013Q3 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
231000 | USD |
| CY2013Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
59431000 | USD |
| CY2013Q3 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
263000 | USD |
| CY2013Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-160427000 | USD |
| CY2014Q3 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
99641000 | USD |
| CY2014Q3 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
207000 | USD |
| CY2014Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
323436000 | USD |
| CY2014Q3 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
278000 | USD |
| CY2014Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-423006000 | USD |
| CY2014Q3 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
16028000 | USD |
| CY2013Q3 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
175000 | USD |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
19842000 | USD | |
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
-28264000 | USD | |
| CY2014Q3 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-301190000 | USD |
| CY2013Q3 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-144383000 | USD |
| us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-638521000 | USD | |
| us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-664189000 | USD | |
| CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1795299000 | USD |
| CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1335364000 | USD |
| CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1939682000 | USD |
| us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
2300000 | USD | |
| CY2014Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
4498263 | shares |
| CY2014Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
10149313 | shares |
| CY2014Q3 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
32.09 | |
| CY2014Q3 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
31.44 | |
| us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
22.24 | ||
| CY2014Q3 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
60208613 | shares |
| CY2014Q3 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
65135147 | shares |
| CY2014Q3 | scco |
Treasury Stock Shares Acquired Cumulative
TreasuryStockSharesAcquiredCumulative
|
69633410 | shares |
| CY2014Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
158100000 | USD |
| CY2014Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
141400000 | USD |
| CY2014Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
323400000 | USD |
| us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
1548400000 | USD | |
| us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
| CY2008Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
500000000 | USD |
| CY2011Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
1000000000 | USD |
| CY2013Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
2000000000 | USD |
| us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
6700000 | USD | |
| CY2013Q3 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
126700000 | USD |
| scco |
Effect On Tax Rate
EffectOnTaxRate
|
0.008 | pure | |
| CY2014Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
37163000 | USD |
