$SCCO
SOUTHERN COPPER CORP/ Stock $scco

$scco Overview Financials Valuation SEC Filings Company Website

2021 Q4 Form 10-K Financial Statement

#000155837022002968 Filed on March 07, 2022

Income Statement

Concept	2021 Q4	2021	2020 Q4
Revenue	$2.824B	$10.93B	$2.351B
YoY Change	20.12%	36.93%	26.74%
Cost Of Revenue	$1.015B	$3.894B	$1.012B
YoY Change	0.35%	-0.9%	5.3%
Gross Profit	$1.808B	$7.040B	$1.339B
YoY Change	35.07%	73.6%	96.18%
Gross Profit Margin	64.04%	64.38%	56.96%
Selling, General & Admin	$54.70M	$125.2M	$60.30M
YoY Change	-9.29%	-0.79%	-11.58%
% of Gross Profit	3.02%	1.78%	4.5%
Research & Development	$16.60M	$43.20M	$10.70M
YoY Change	55.14%	33.33%	8.08%
% of Gross Profit	0.92%	0.61%	0.8%
Depreciation & Amortization	$206.6M	$806.0M	$192.8M
YoY Change	7.16%	3.92%	4.9%
% of Gross Profit	11.42%	11.45%	14.4%
Operating Expenses	$277.9M	$125.2M	$263.8M
YoY Change	5.34%	-0.79%	0.73%
Operating Profit	$1.531B	$6.065B	$1.075B
YoY Change	42.36%	94.35%	70.14%
Interest Expense	-$87.30M	-$349.9M	-$84.40M
YoY Change	3.44%	0.72%	-2.99%
% of Operating Profit	-5.7%	-5.77%	-7.85%
Other Income/Expense, Net	-$10.60M	-$18.40M	-$5.100M
YoY Change	107.84%	-33.09%	-82.41%
Pretax Income	$1.433B	-$32.40M	$976.9M
YoY Change	46.65%	111.76%	89.4%
Income Tax	$595.4M	$2.299B	$389.7M
% Of Pretax Income	41.56%		39.89%
Net Earnings	$832.9M	$3.411B	$590.1M
YoY Change	41.15%	116.2%	92.21%
Net Earnings / Revenue	29.5%	31.2%	25.1%
Basic Earnings Per Share		$4.39
Diluted Earnings Per Share	$1.077M	$4.39	$763.3K
COMMON SHARES
Basic Shares Outstanding	773.1M	773.1M	773.1M
Diluted Shares Outstanding		773.1M

Balance Sheet

Concept	2021 Q4	2021	2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.002B	$3.489B	$2.184B
YoY Change	37.46%	34.5%	13.42%
Cash & Equivalents	$3.002B	$3.002B	$2.184B
Short-Term Investments	$400.0K	$486.9M	$600.0K
Other Short-Term Assets	$33.50M	$231.2M	$29.20M
YoY Change	14.73%	72.54%	11.45%
Inventory	$972.9M	$972.9M	$950.2M
Prepaid Expenses
Receivables	$1.359B	$1.359B	$1.069B
Other Receivables	$87.90M	$87.90M	$68.00M
Total Short-Term Assets	$6.140B	$6.140B	$4.815B
YoY Change	27.5%	27.51%	15.07%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.464B	$10.38B	$9.459B
YoY Change	0.06%	-0.55%	0.94%
Goodwill	$41.90M		$41.90M
YoY Change	0.0%		0.0%
Intangibles
YoY Change
Long-Term Investments	$115.4M	$115.4M	$114.3M
YoY Change	0.96%	1.23%	2.14%
Other Assets	$110.0M	$1.524B	$81.30M
YoY Change	35.3%	6.11%	14.03%
Total Long-Term Assets	$12.16B	$12.16B	$12.13B
YoY Change	0.22%	0.21%	-0.75%
TOTAL ASSETS
Total Short-Term Assets	$6.140B	$6.140B	$4.815B
Total Long-Term Assets	$12.16B	$12.16B	$12.13B
Total Assets	$18.30B	$18.30B	$16.95B
YoY Change	7.97%	7.97%	3.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$591.9M	$488.6M	$594.6M
YoY Change	-0.45%	-0.29%	-0.62%
Accrued Expenses	$525.8M	$525.8M	$449.0M
YoY Change	17.1%	17.1%	24.03%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$299.7M	$299.7M	$0.00
YoY Change			-100.0%
Total Short-Term Liabilities	$2.250B	$2.250B	$1.385B
YoY Change	62.48%	62.45%	-6.21%
LONG-TERM LIABILITIES
Long-Term Debt	$6.248B	$6.248B	$6.544B
YoY Change	-4.53%	-4.52%	0.05%
Other Long-Term Liabilities	$68.30M	$1.474B	$128.7M
YoY Change	-46.93%	-6.85%	14.3%
Total Long-Term Liabilities	$7.840B	$7.722B	$8.286B
YoY Change	-5.38%	-4.98%	2.64%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.250B	$2.250B	$1.385B
Total Long-Term Liabilities	$7.840B	$7.722B	$8.286B
Total Liabilities	$10.09B	$10.15B	$9.671B
YoY Change	4.34%	4.39%	1.27%
SHAREHOLDERS EQUITY
Retained Earnings	$7.770B		$6.846B
YoY Change	13.49%		6.38%
Common Stock	$3.463B		$3.450B
YoY Change	0.37%		0.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$3.074B		$3.064B
YoY Change	0.34%		0.48%
Treasury Stock Shares
Shareholders Equity	$8.149B	$8.149B	$7.225B
YoY Change
Total Liabilities & Shareholders Equity	$18.30B	$18.30B	$16.95B
YoY Change	7.97%	7.97%	3.29%

Cashflow Statement

Concept	2021 Q4	2021	2020 Q4
OPERATING ACTIVITIES
Net Income	$832.9M	$3.411B	$590.1M
YoY Change	41.15%	116.2%	92.21%
Depreciation, Depletion And Amortization	$206.6M	$806.0M	$192.8M
YoY Change	7.16%	3.92%	4.9%
Cash From Operating Activities	$1.228B	$4.292B	$1.096B
YoY Change	12.05%	54.2%	102.36%
INVESTING ACTIVITIES
Capital Expenditures	-$196.8M	$892.3M	-$243.4M
YoY Change	-19.15%	50.68%	42.01%
Acquisitions
YoY Change
Other Investing Activities	$136.0M	$4.500M	-$374.8M
YoY Change	-136.29%	-169.23%	376.24%
Cash From Investing Activities	-$60.80M	-$972.9M	-$618.2M
YoY Change	-90.16%	6.23%	147.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-775.1M	-2.480B	-388.2M
YoY Change	99.67%	58.65%	24.62%
NET CHANGE
Cash From Operating Activities	1.228B	4.292B	1.096B
Cash From Investing Activities	-60.80M	-972.9M	-618.2M
Cash From Financing Activities	-775.1M	-2.480B	-388.2M
Net Change In Cash	391.7M	818.4M	89.20M
YoY Change	339.13%	216.6%	-541.58%
FREE CASH FLOW
Cash From Operating Activities	$1.228B	$4.292B	$1.096B
Capital Expenditures	-$196.8M	$892.3M	-$243.4M
Free Cash Flow	$1.424B	$3.400B	$1.339B
YoY Change	6.38%	55.16%	87.85%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2021	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	1200000
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	773100000
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	773100000
CY2019	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	773100000
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2021	dei	Entity Central Index Key EntityCentralIndexKey	0001001838
CY2021	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2021	dei	Entity Registrant Name EntityRegistrantName	SOUTHERN COPPER CORP/
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.39
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.03
CY2019	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.92
CY2021	dei	Amendment Flag AmendmentFlag	false
CY2021	dei	Document Type DocumentType	10-K
CY2021	dei	Document Annual Report DocumentAnnualReport	true
CY2021	dei	Document Period End Date DocumentPeriodEndDate	2021-12-31
CY2021	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021	dei	Document Transition Report DocumentTransitionReport	false
CY2021	dei	Entity File Number EntityFileNumber	1-14066
CY2021	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2021	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-3849074
CY2021	dei	Entity Address Address Line1 EntityAddressAddressLine1	1440 East Missouri Avenue Suite 160
CY2021	dei	Entity Address City Or Town EntityAddressCityOrTown	Phoenix
CY2021	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
CY2021	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85014
CY2021	dei	City Area Code CityAreaCode	602
CY2021	dei	Local Phone Number LocalPhoneNumber	264-1375
CY2021	dei	Security12b Title Security12bTitle	Common stock
CY2021	dei	Trading Symbol TradingSymbol	SCCO
CY2021	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2021	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2021	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2021	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2021	dei	Entity Small Business EntitySmallBusiness	false
CY2021	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2021	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2021	dei	Entity Shell Company EntityShellCompany	false
CY2022Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	773086869
CY2021Q2	dei	Entity Public Float EntityPublicFloat	5519000000.0
CY2021	dei	Auditor Name AuditorName	Galaz, Yamazaki, Ruiz Urquiza, S.C.
CY2021	dei	Auditor Location AuditorLocation	Mexico City, Mexico
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10934100000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7984900000
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7285600000
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	3894400000
CY2020	us-gaap	Cost Of Revenue CostOfRevenue	3929800000
CY2019	us-gaap	Cost Of Revenue CostOfRevenue	3606400000
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	125200000
CY2020	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	126200000
CY2019	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	131800000
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	806000000.0
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	775600000
CY2019	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	764400000
CY2021	us-gaap	Exploration Expense ExplorationExpense	43400000
CY2020	us-gaap	Exploration Expense ExplorationExpense	32600000
CY2019	us-gaap	Exploration Expense ExplorationExpense	30000000.0
CY2021	us-gaap	Costs And Expenses CostsAndExpenses	4869000000.0
CY2020	us-gaap	Costs And Expenses CostsAndExpenses	4864200000
CY2019	us-gaap	Costs And Expenses CostsAndExpenses	4532600000
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	6065100000
CY2020	us-gaap	Operating Income Loss OperatingIncomeLoss	3120700000
CY2019	us-gaap	Operating Income Loss OperatingIncomeLoss	2753000000.0
CY2021	us-gaap	Interest Costs Incurred InterestCostsIncurred	387900000
CY2020	us-gaap	Interest Costs Incurred InterestCostsIncurred	393400000
CY2019	us-gaap	Interest Costs Incurred InterestCostsIncurred	372900000
CY2021	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	30800000
CY2020	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	26800000
CY2019	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	32200000
CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-18400000
CY2020	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-27500000
CY2019	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7000000.0
CY2021	us-gaap	Investment Income Interest InvestmentIncomeInterest	7200000
CY2020	us-gaap	Investment Income Interest InvestmentIncomeInterest	19200000
CY2019	us-gaap	Investment Income Interest InvestmentIncomeInterest	21200000
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	5696800000
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2745800000
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2426500000
CY2021	scco	Current And Royalty Taxes CurrentAndRoyaltyTaxes	2425500000
CY2020	scco	Current And Royalty Taxes CurrentAndRoyaltyTaxes	1237900000
CY2019	scco	Current And Royalty Taxes CurrentAndRoyaltyTaxes	966300000
CY2021	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	-126300000
CY2020	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	-63500000
CY2019	us-gaap	Deferred Other Tax Expense Benefit DeferredOtherTaxExpenseBenefit	-21000000.0
CY2021	scco	Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments	3397600000
CY2020	scco	Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments	1571400000
CY2019	scco	Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsAfterIncomeTaxesAndBeforeIncomeLossFromEquityMethodInvestments	1481200000
CY2021	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	13600000
CY2020	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6400000
CY2019	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10700000
CY2021	us-gaap	Profit Loss ProfitLoss	3411200000
CY2020	us-gaap	Profit Loss ProfitLoss	1577800000
CY2019	us-gaap	Profit Loss ProfitLoss	1491900000
CY2021	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	14100000
CY2020	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	7400000
CY2019	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	6100000
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3397100000
CY2020	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1570400000
CY2019	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1485800000
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.39
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.03
CY2019	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.92
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	773100000
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	773100000
CY2019	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	773100000
CY2021	us-gaap	Profit Loss ProfitLoss	3411200000
CY2020	us-gaap	Profit Loss ProfitLoss	1577800000
CY2019	us-gaap	Profit Loss ProfitLoss	1491900000
CY2020	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-1900000
CY2019	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	3700000
CY2021	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	1700000
CY2020	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1700000
CY2019	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	7700000
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent	300000
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	600000
CY2021	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1100000
CY2020	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1700000
CY2019	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-7700000
CY2021	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3410100000
CY2020	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1579500000
CY2019	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1484200000
CY2021	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	14100000
CY2020	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	7400000
CY2019	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	6100000
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3396000000.0
CY2020	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1572100000
CY2019	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1478100000
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3002000000.0
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2183600000
CY2021Q4	us-gaap	Short Term Investments ShortTermInvestments	486900000
CY2020Q4	us-gaap	Short Term Investments ShortTermInvestments	410800000
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1358700000
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1068900000
CY2021Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	49100000
CY2020Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	23300000
CY2021Q4	us-gaap	Other Receivables OtherReceivables	87900000
CY2020Q4	us-gaap	Other Receivables OtherReceivables	67700000
CY2021Q4	us-gaap	Inventory Net InventoryNet	972900000
CY2020Q4	us-gaap	Inventory Net InventoryNet	950200000
CY2021Q4	us-gaap	Prepaid Taxes PrepaidTaxes	197700000
CY2020Q4	us-gaap	Prepaid Taxes PrepaidTaxes	104800000
CY2021Q4	us-gaap	Other Assets Current OtherAssetsCurrent	33500000
CY2020Q4	us-gaap	Other Assets Current OtherAssetsCurrent	29200000
CY2021Q4	us-gaap	Assets Current AssetsCurrent	6139600000
CY2020Q4	us-gaap	Assets Current AssetsCurrent	4815200000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9464400000
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9458700000
CY2021Q4	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	1097600000
CY2020Q4	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	1125000000.0
CY2021Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	138100000
CY2020Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	143000000.0
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	916300000
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	979000000.0
CY2021Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	316200000
CY2020Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	230000000.0
CY2021Q4	us-gaap	Equity Method Investments EquityMethodInvestments	115400000
CY2020Q4	us-gaap	Equity Method Investments EquityMethodInvestments	114300000
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	110000000.0
CY2020Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	81300000
CY2021Q4	us-gaap	Assets Assets	18297600000
CY2020Q4	us-gaap	Assets Assets	16946500000
CY2021Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	299700000
CY2021Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	103300000
CY2020Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	104300000
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	591900000
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	594600000
CY2021Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	832600000
CY2020Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	340900000
CY2021Q4	scco	Accrued Workers Participation AccruedWorkersParticipation	325700000
CY2020Q4	scco	Accrued Workers Participation AccruedWorkersParticipation	247800000
CY2021Q4	us-gaap	Interest Payable Current InterestPayableCurrent	98600000
CY2020Q4	us-gaap	Interest Payable Current InterestPayableCurrent	98600000
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	73900000
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	70600000
CY2021Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	27600000
CY2020Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	32300000
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CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1384800000
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	6247900000
CY2020Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	6544200000
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	842400000
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CY2020Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	159400000
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CY2020Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	128700000
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CY2020Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	545000000.0
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	7839800000
CY2020Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	8285700000
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2000000000
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	2000000000
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CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	884600000
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CY2020Q4	us-gaap	Common Stock Value CommonStockValue	8800000
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CY2020Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3441500000
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CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	6846400000
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CY2020Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-8400000
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3074000000.0
CY2020Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3063500000
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CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	7224800000
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CY2020Q4	us-gaap	Minority Interest MinorityInterest	51200000
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CY2021	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	25800000
CY2020	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-900000
CY2019	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-17900000
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-126300000
CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-63500000
CY2019	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-21000000.0
CY2021	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-37700000
CY2020	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-19500000
CY2019	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-12000000.0
CY2021	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	289800000
CY2020	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	236000000.0
CY2019	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	10500000
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4700000
CY2020	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-223600000
CY2019	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	88700000
CY2021	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	558200000
CY2020	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	313800000
CY2019	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-184900000
CY2021	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	82400000
CY2020	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-182300000
CY2019	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	62900000
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4292400000
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2783600000
CY2019	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1911900000
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	892300000
CY2020	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	592200000
CY2019	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	707500000
CY2021	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	1653100000
CY2020	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	450300000
CY2019	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	284400000
CY2021	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	1577000000.0
CY2020	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	120200000
CY2019	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	417500000
CY2021	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	4500000
CY2020	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-6500000
CY2019	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-400000
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-972900000
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-915800000
CY2019	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-574000000.0
CY2020	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	400000000.0
CY2019	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	987300000
CY2019	scco	Capitalization Of Debt Issuance Cost CapitalizationOfDebtIssuanceCost	9800000
CY2021	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2473800000
CY2020	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1159600000
CY2019	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1236900000
CY2019	scco	Court Order Settlement Payment CourtOrderSettlementPayment	36500000
CY2019	scco	Derivative Lawsuit Dividend Paid DerivativeLawsuitDividendPaid	36500000
CY2021	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	6700000
CY2020	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	4100000
CY2019	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3200000
CY2021	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	300000
CY2020	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	400000
CY2019	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	400000
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-2480200000
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1563300000
CY2019	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-262200000
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-20900000
CY2020	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-46000000.0
CY2019	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4800000
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	818400000
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	258500000
CY2019	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1080500000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2183600000
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1925100000
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	844600000
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3002000000.0
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2183600000
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1925100000
CY2021	us-gaap	Interest Paid Net InterestPaidNet	380200000
CY2020	us-gaap	Interest Paid Net InterestPaidNet	383500000
CY2019	us-gaap	Interest Paid Net InterestPaidNet	356700000
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1947100000
CY2020	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1037100000
CY2019	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1138700000
CY2021	scco	Workers Participation WorkersParticipation	258400000
CY2020	scco	Workers Participation WorkersParticipation	153900000
CY2019	scco	Workers Participation WorkersParticipation	224500000
CY2021	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	-1700000
CY2020	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	1700000
CY2019	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	-7700000
CY2021	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	24600000
CY2020	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	32200000
CY2019	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2100000
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7276000000.0
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6858200000
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6612800000
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8207800000
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	7276000000.0
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6858200000
CY2021	us-gaap	Nature Of Operations NatureOfOperations	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">NOTE 1—DESCRIPTION OF THE BUSINESS:</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-weight:bold;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">The Company is a majority-owned, indirect subsidiary of Grupo Mexico S.A.B. de C.V. (“Grupo Mexico”). At December 31, 2021, Grupo Mexico through its wholly-owned subsidiary Americas Mining Corporation (“AMC”) owned 88.9% of the Company’s capital stock. The consolidated financial statements presented herein consist of the accounts of Southern Copper Corporation ("SCC", "Southern Copper" 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.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;background:#c0c0c0;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">COVID – 19 PANDEMIC</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">Since the World Health Organization (“WHO”) declared the COVID-19 virus outbreak as a global pandemic, all the countries where the Company operates and conducts exploration activities, as well as the countries where its main customers and suppliers are located, have published health and safety rules and restrictions on individuals and business activities.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">For the full year 2021, the Company‘s production facilities in Mexico and Peru were working at approximately 95% of their production capacity. The Company has developed a rigorous COVID-19 emergency protocol.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">The Company has also fully restored exploration activities at all of its locations.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;background:#c0c0c0;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">The financial reporting process and the information required to prepare the Company’s financial statements suffered no interruption and the financial statements were prepared without restrictions or difficulties.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt;">SCC´s Senior Management continues to closely monitor the impact of the pandemic and to analyze and quickly resolve any issues that may arise. As of December 31, 2021, the strong global economic recovery has generated significant challenges for the global shipping industry, which have led to congestion at ports, shortage of containers and a lack of space on ships. This situation has caused the Company to experience some delays in the reception of imported materials as well as in the shipment of its products and receivable collections. This, however, has had no material impact on the financial position of the Company.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt;">After completing the first stage of its capital programs at Buenavista in Mexico and Toquepala in Peru, the Company currently does not have major capital expenditures commitments (see Note 13 - Commitments and Contingencies). The Company has no major debt maturity until November 2022.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">The Company performed a qualitative analysis and as of December 31, 2021 identified no indicators of impairment. In addition, the results of its impairment sensitivity analysis showed projected discounted cash flows in excess of the carrying amounts of long-lived assets by margins ranging from 1.8 to 5.7 times such carrying amount. This analysis included a stress test using a copper price assumption of $2.00 per pound and a molybdenum price assumption of $4.00 per pound. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-weight:bold;visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-indent:36pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p>
CY2021Q4	scco	Percentage Of Ownership By Parent PercentageOfOwnershipByParent	0.889
CY2021	scco	Percentage Of Operating Over Production Capacity PercentageOfOperatingOverProductionCapacity	0.95
CY2021	scco	Copper Price Assumption CopperPriceAssumption	2.00
CY2021	scco	Molybdenum Price Assumption MolybdenumPriceAssumption	4.00
CY2021	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><i style="font-style:italic;">Use of estimates—</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt;">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. Significant items subject to such estimates and assumptions include the carrying value of mineral 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); unrecognized tax benefits; valuation allowances for deferred tax assets; and fair value of financial instruments. Management bases its estimates on the Company's historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.</p>
CY2020	scco	Increase Decrease In Inventory Capitalized Material IncreaseDecreaseInInventoryCapitalizedMaterial	196400000
CY2020	scco	Increase Decrease In Inventory Consumption IncreaseDecreaseInInventoryConsumption	29300000
CY2021	scco	Mine Development Total Reserve Increase To Qualify As Major Expansion MineDevelopmentTotalReserveIncreaseToQualifyAsMajorExpansion	0.10
CY2021Q4	scco	Ore Reserves Copper Price Considered To Determine Average Price OreReservesCopperPriceConsideredToDetermineAveragePrice	3.30
CY2020Q4	scco	Ore Reserves Copper Price Considered To Determine Average Price OreReservesCopperPriceConsideredToDetermineAveragePrice	2.816
CY2019Q4	scco	Ore Reserves Copper Price Considered To Determine Average Price OreReservesCopperPriceConsideredToDetermineAveragePrice	2.818
CY2021	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0
CY2021	scco	Number Of Years Average Prices For Copper And Molybdenum Used For Impairment Analysis NumberOfYearsAveragePricesForCopperAndMolybdenumUsedForImpairmentAnalysis	P3Y
CY2021	scco	Number Of Years Average Prices For Copper And Molybdenum Used For Impairment Analysis NumberOfYearsAveragePricesForCopperAndMolybdenumUsedForImpairmentAnalysis	P3Y
CY2021	scco	Number Of Years Average Prices For Copper And Molybdenum Used For Impairment Analysis NumberOfYearsAveragePricesForCopperAndMolybdenumUsedForImpairmentAnalysis	P3Y
CY2021	scco	Number Of Reportable Segment NumberOfReportableSegment	3
CY2021Q4	us-gaap	Trading Securities TradingSecurities	486500000
CY2020Q4	us-gaap	Trading Securities TradingSecurities	410200000
CY2021	scco	Trading Securities Weighted Average Interest Rate TradingSecuritiesWeightedAverageInterestRate	0.003
CY2020	scco	Trading Securities Weighted Average Interest Rate TradingSecuritiesWeightedAverageInterestRate	0.004
CY2021Q4	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	400000
CY2020Q4	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	600000
CY2021	scco	Available For Sale Securities Weighted Average Interest Rate AvailableForSaleSecuritiesWeightedAverageInterestRate	0.007
CY2020	scco	Available For Sale Securities Weighted Average Interest Rate AvailableForSaleSecuritiesWeightedAverageInterestRate	0.007
CY2021Q4	us-gaap	Short Term Investments ShortTermInvestments	486900000
CY2020Q4	us-gaap	Short Term Investments ShortTermInvestments	410800000
CY2021	us-gaap	Interest Income Debt Securities Trading Operating InterestIncomeDebtSecuritiesTradingOperating	1400000
CY2020	us-gaap	Interest Income Debt Securities Trading Operating InterestIncomeDebtSecuritiesTradingOperating	700000
CY2021	us-gaap	Debt Securities Trading Unrealized Gain Loss DebtSecuritiesTradingUnrealizedGainLoss	100000
CY2021	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	200000
CY2020	us-gaap	Proceeds From Sale And Maturity Of Available For Sale Securities ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities	100000
CY2021Q4	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	400000
CY2020Q4	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	600000
CY2021Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	400000
CY2020Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	600000
CY2021Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	58600000
CY2020Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	50800000
CY2021Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	340700000
CY2020Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	248900000
CY2021Q4	scco	Inventory Ore Stockpiles On Leach Pads Current InventoryOreStockpilesOnLeachPadsCurrent	259700000
CY2020Q4	scco	Inventory Ore Stockpiles On Leach Pads Current InventoryOreStockpilesOnLeachPadsCurrent	298500000
CY2021Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	313900000
CY2020Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	352000000.0
CY2021Q4	us-gaap	Inventory Net InventoryNet	972900000
CY2020Q4	us-gaap	Inventory Net InventoryNet	950200000
CY2021Q4	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	1097600000
CY2020Q4	us-gaap	Inventory Ore Stockpiles On Leach Pads InventoryOreStockpilesOnLeachPads	1125000000.0
CY2021	scco	Inventory Ore Stockpiles On Leach Pads Capitalized Costs InventoryOreStockpilesOnLeachPadsCapitalizedCosts	247400000
CY2020	scco	Inventory Ore Stockpiles On Leach Pads Capitalized Costs InventoryOreStockpilesOnLeachPadsCapitalizedCosts	194000000.0
CY2019	scco	Inventory Ore Stockpiles On Leach Pads Capitalized Costs InventoryOreStockpilesOnLeachPadsCapitalizedCosts	469000000.0
CY2021	scco	Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales	313700000
CY2020	scco	Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales	359100000
CY2019	scco	Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales	385800000
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	18276800000
CY2020Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	17635300000
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	8812400000
CY2020Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	8176600000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9464400000
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9458700000
CY2021	scco	Depreciation And Depletion Expense DepreciationAndDepletionExpense	797300000
CY2020	scco	Depreciation And Depletion Expense DepreciationAndDepletionExpense	766400000
CY2019	scco	Depreciation And Depletion Expense DepreciationAndDepletionExpense	759900000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	206400000
CY2020Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	201600000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	110200000
CY2020Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	100500000
CY2021Q4	us-gaap	Goodwill Goodwill	41900000
CY2020Q4	us-gaap	Goodwill Goodwill	41900000
CY2021Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	138100000
CY2020Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	143000000.0
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8700000
CY2020	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9200000
CY2019	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4500000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	6400000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	5400000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	4300000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3200000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	1700000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	21000000.0
CY2021	scco	Finite Lived Intangible Assets Average Annual Future Amortization Expense FiniteLivedIntangibleAssetsAverageAnnualFutureAmortizationExpense	4200000
CY2019	scco	Uncertain Tax Positions UncertainTaxPositions	-1300000
CY2019	scco	Federal And State Income Tax Expense Benefit Continuing Operations FederalAndStateIncomeTaxExpenseBenefitContinuingOperations	-1300000
CY2021	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	2425500000
CY2020	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	1237900000
CY2019	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	966300000
CY2021	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-126300000
CY2020	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-63500000
CY2019	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-30100000
CY2019	scco	Uncertain Tax Position Foreign Income Tax Expenses Benefit UncertainTaxPositionForeignIncomeTaxExpensesBenefit	10400000
CY2021	us-gaap	Foreign Income Tax Expense Benefit Continuing Operations ForeignIncomeTaxExpenseBenefitContinuingOperations	2299200000
CY2020	us-gaap	Foreign Income Tax Expense Benefit Continuing Operations ForeignIncomeTaxExpenseBenefitContinuingOperations	1174400000
CY2019	us-gaap	Foreign Income Tax Expense Benefit Continuing Operations ForeignIncomeTaxExpenseBenefitContinuingOperations	946600000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2299200000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1174400000
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	945300000
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-32400000
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-15300000
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-1900000
CY2021	scco	Income Loss From Continuing Operations Before Income Taxes Peru IncomeLossFromContinuingOperationsBeforeIncomeTaxesPeru	1962800000
CY2020	scco	Income Loss From Continuing Operations Before Income Taxes Peru IncomeLossFromContinuingOperationsBeforeIncomeTaxesPeru	723900000
CY2019	scco	Income Loss From Continuing Operations Before Income Taxes Peru IncomeLossFromContinuingOperationsBeforeIncomeTaxesPeru	513000000.0
CY2021	scco	Income Loss From Continuing Operations Before Income Taxes Mexico IncomeLossFromContinuingOperationsBeforeIncomeTaxesMexico	3766400000
CY2020	scco	Income Loss From Continuing Operations Before Income Taxes Mexico IncomeLossFromContinuingOperationsBeforeIncomeTaxesMexico	2037200000
CY2019	scco	Income Loss From Continuing Operations Before Income Taxes Mexico IncomeLossFromContinuingOperationsBeforeIncomeTaxesMexico	1915400000
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	5729200000
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	2761100000
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	2428400000
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	5696800000
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2745800000
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2426500000
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2019	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021	scco	Effective Income Tax Rate Reconciliation Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationIncomeTaxRateDifferential	0.138
CY2020	scco	Effective Income Tax Rate Reconciliation Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationIncomeTaxRateDifferential	0.137
CY2019	scco	Effective Income Tax Rate Reconciliation Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationIncomeTaxRateDifferential	0.140
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion	-0.018
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion	-0.022
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion	-0.027
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	-0.003
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.001
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.001
CY2021	scco	Effective Income Tax Rate Reconciliation Additional Valuation Allowance On Deferred Tax Assets Foreign Tax Credits And Deferred Tax Effects Percent EffectiveIncomeTaxRateReconciliationAdditionalValuationAllowanceOnDeferredTaxAssetsForeignTaxCreditsAndDeferredTaxEffectsPercent	0.084
CY2020	scco	Effective Income Tax Rate Reconciliation Additional Valuation Allowance On Deferred Tax Assets Foreign Tax Credits And Deferred Tax Effects Percent EffectiveIncomeTaxRateReconciliationAdditionalValuationAllowanceOnDeferredTaxAssetsForeignTaxCreditsAndDeferredTaxEffectsPercent	0.089
CY2019	scco	Effective Income Tax Rate Reconciliation Additional Valuation Allowance On Deferred Tax Assets Foreign Tax Credits And Deferred Tax Effects Percent EffectiveIncomeTaxRateReconciliationAdditionalValuationAllowanceOnDeferredTaxAssetsForeignTaxCreditsAndDeferredTaxEffectsPercent	0.101
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	-0.005
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	-0.001
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	-0.021
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Prior Year Income Taxes EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes	-0.001
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Prior Year Income Taxes EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes	-0.011
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.002
CY2020	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.015
CY2019	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.003
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.404
CY2020	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.428
CY2019	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.390
CY2021	scco	Number Of Jurisdictions Where Entity Files Income Tax Return NumberOfJurisdictionsWhereEntityFilesIncomeTaxReturn	3
CY2021	scco	Effective Income Tax Rate Reconciliation Duration For Which Statutory Rates Considered To Determine Effective Tax Rate EffectiveIncomeTaxRateReconciliationDurationForWhichStatutoryRatesConsideredToDetermineEffectiveTaxRate	P3Y
CY2019	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	78000000.0
CY2020Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	62400000
CY2021Q4	scco	Deferred Tax Assets Capitalized Exploration Expenses DeferredTaxAssetsCapitalizedExplorationExpenses	12500000
CY2020Q4	scco	Deferred Tax Assets Capitalized Exploration Expenses DeferredTaxAssetsCapitalizedExplorationExpenses	13000000.0
CY2021Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Foreign DeferredTaxAssetsTaxCreditCarryforwardsForeign	1479200000
CY2020Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Foreign DeferredTaxAssetsTaxCreditCarryforwardsForeign	974100000
CY2021Q4	scco	Deferred Tax Assets Tax Effect Of Peruvian Deferred Tax Liability DeferredTaxAssetsTaxEffectOfPeruvianDeferredTaxLiability	75000000.0
CY2020Q4	scco	Deferred Tax Assets Tax Effect Of Peruvian Deferred Tax Liability DeferredTaxAssetsTaxEffectOfPeruvianDeferredTaxLiability	111200000
CY2021Q4	scco	Deferred Tax Assets Provisions DeferredTaxAssetsProvisions	284500000
CY2020Q4	scco	Deferred Tax Assets Provisions DeferredTaxAssetsProvisions	169500000
CY2021Q4	us-gaap	Deferred Tax Assets Property Plant And Equipment DeferredTaxAssetsPropertyPlantAndEquipment	9500000
CY2021Q4	scco	Deferred Tax Assets Deferred Workers Participation DeferredTaxAssetsDeferredWorkersParticipation	11100000
CY2020Q4	scco	Deferred Tax Assets Deferred Workers Participation DeferredTaxAssetsDeferredWorkersParticipation	37800000
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	8200000
CY2020Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	8500000
CY2021Q4	scco	Deferred Tax Assets Sales Price Adjustment Pui DeferredTaxAssetsSalesPriceAdjustmentPui	2600000
CY2020Q4	scco	Deferred Tax Assets Sales Price Adjustment Pui DeferredTaxAssetsSalesPriceAdjustmentPui	-5800000
CY2021Q4	scco	Deferred Tax Assets Social Responsibility Expenses DeferredTaxAssetsSocialResponsibilityExpenses	5100000
CY2020Q4	scco	Deferred Tax Assets Social Responsibility Expenses DeferredTaxAssetsSocialResponsibilityExpenses	4300000
CY2021Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	31600000
CY2020Q4	us-gaap	Deferred Tax Assets Deferred Income DeferredTaxAssetsDeferredIncome	41800000
CY2021Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1820000000.0
CY2020Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1343200000
CY2021Q4	scco	Deferred Tax Assets Accrued Royalty And Special Mining Tax DeferredTaxAssetsAccruedRoyaltyAndSpecialMiningTax	23300000
CY2020Q4	scco	Deferred Tax Assets Accrued Royalty And Special Mining Tax DeferredTaxAssetsAccruedRoyaltyAndSpecialMiningTax	18300000
CY2021Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	5500000
CY2020Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	1200000
CY2021Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	206100000
CY2020Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	93100000
CY2020Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	17200000
CY2021Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	8200000
CY2020Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	5300000
CY2021Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	8200000
CY2020Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	22500000
CY2021Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	197900000
CY2020Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	70600000
CY2020	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	476800000
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021	scco	Maximum Percentage Of Expenses Excluding Cost Of Goods Sold MaximumPercentageOfExpensesExcludingCostOfGoodsSold	0.03
CY2021Q4	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	3488900000
CY2021Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	250300000
CY2021Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	916300000
CY2019Q2	scco	Maximum Percentage Of Annual Guarantees Secured MaximumPercentageOfAnnualGuaranteesSecured	0.50
CY2021Q4	scco	State Income Tax Liability StateIncomeTaxLiability	0
CY2021	scco	Withholding Taxes Tax Treaty WithholdingTaxesTaxTreaty	0
CY2021Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards Other DeferredTaxAssetsTaxCreditCarryforwardsOther	0
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2020Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	66100000
CY2019Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	58400000
CY2018Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	214500000
CY2021	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	10900000
CY2019	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	7500000
CY2020	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	7700000
CY2021	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions	1100000
CY2019	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions	4200000
CY2021	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities	54100000
CY2019	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities	144400000
CY2021	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	-66100000
CY2020	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	7700000
CY2019	us-gaap	Unrecognized Tax Benefits Period Increase Decrease UnrecognizedTaxBenefitsPeriodIncreaseDecrease	-156100000
CY2020Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	66100000
CY2019Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	58400000
CY2021Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	0
CY2021Q4	scco	Number Of Major Tax Jurisdictions NumberOfMajorTaxJurisdictions	3
CY2021	scco	Statutory Workers Participation Workers Participation Expenses Current StatutoryWorkersParticipationWorkersParticipationExpensesCurrent	344500000
CY2020	scco	Statutory Workers Participation Workers Participation Expenses Current StatutoryWorkersParticipationWorkersParticipationExpensesCurrent	248500000
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CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	104700000
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CY2021Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1166600000
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CY2020Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	39400000
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	6544200000
CY2020Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	6544200000
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CY2015Q2	us-gaap	Payments For Underwriting Expense PaymentsForUnderwritingExpense	20200000
CY2015Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	11800000
CY2021	scco	Debt Instrument Redemption Price Due To Control Change As Percentage Of Principal Amount DebtInstrumentRedemptionPriceDueToControlChangeAsPercentageOfPrincipalAmount	1.01
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	300000000.0
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	500000000.0
CY2021Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	5851200000
CY2021Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	6651200000
CY2021Q4	scco	Debt Discount Valuation DebtDiscountValuation	103600000
CY2021	scco	Defined Benefit Plan Number Of Expatriate Noncontributory Plans DefinedBenefitPlanNumberOfExpatriateNoncontributoryPlans	2
CY2021	us-gaap	Environmental Costs Recognized Capitalized In Period EnvironmentalCostsRecognizedCapitalizedInPeriod	68700000
CY2020	us-gaap	Environmental Costs Recognized Capitalized In Period EnvironmentalCostsRecognizedCapitalizedInPeriod	37800000
CY2019	us-gaap	Environmental Costs Recognized Capitalized In Period EnvironmentalCostsRecognizedCapitalizedInPeriod	82900000
	scco	Number Of Collective Action Lawsuits NumberOfCollectiveActionLawsuits	6
	scco	Number Of Subsidiaries Against Which Lawsuits Filed NumberOfSubsidiariesAgainstWhichLawsuitsFiled	2
	scco	Number Of Collective Action Lawsuits Dismissed NumberOfCollectiveActionLawsuitsDismissed	3
CY2021	scco	Number Of Lawsuits In Process NumberOfLawsuitsInProcess	3
CY2017Q4	scco	Number Of Civil Actions Seeking Damages NumberOfCivilActionsSeekingDamages	33
CY2015	scco	Number Of Constitutional Action Lawsuits NumberOfConstitutionalActionLawsuits	4
CY2015Q4	scco	Number Of Subsidiaries To Which Environmental Impact Authorizations Granted NumberOfSubsidiariesToWhichEnvironmentalImpactAuthorizationsGranted	1
CY2021	scco	Commitments For Capital Projects CommitmentsForCapitalProjects	355100000
CY2021Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3074000000.0
CY2020Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3063500000
CY2008Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000
CY2021Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	3000000000
CY2021	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	119500000
CY2021	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2900000000
CY2021Q4	scco	Stock Repurchase Program Repurchase Price StockRepurchaseProgramRepurchasePrice	61.71
CY2021Q4	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	1300000
CY2021Q4	scco	Percentage Of Ownership By Parent PercentageOfOwnershipByParent	0.889
CY2021Q4	scco	Percentage Of Ownership By Parent PercentageOfOwnershipByParent	0.889
CY2021	scco	Number Of Derivative Contracts Entered NumberOfDerivativeContractsEntered	2
CY2019Q4	us-gaap	Derivative Number Of Instruments Held DerivativeNumberOfInstrumentsHeld	0
CY2020Q4	us-gaap	Derivative Number Of Instruments Held DerivativeNumberOfInstrumentsHeld	0
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	6547600000
CY2021Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	8573200000
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	6544200000
CY2020Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	9077800000
CY2021	scco	Number Of Open Pit Copper Mines NumberOfOpenPitCopperMines	4
CY2021	scco	Number Of Underground Poly Metal Mines NumberOfUndergroundPolyMetalMines	5
CY2021	scco	Number Of Smelters NumberOfSmelters	2
CY2021	scco	Number Of Refineries NumberOfRefineries	10
CY2021Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	49100000
CY2020Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	23300000
CY2021Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	103300000
CY2020Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	104300000
CY2021	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	454400000
CY2020	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	576300000
CY2019	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	385600000
CY2021	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	2000000.0
CY2020	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	1900000
CY2019	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	2200000
CY2021	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3
CY2021	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3
CY2021	scco	Number Of Countries Operating Open Pit Mines NumberOfCountriesOperatingOpenPitMines	2
CY2021	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10934100000
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	3894400000
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	125200000
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	806000000.0
CY2021	us-gaap	Exploration Expense ExplorationExpense	43400000
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	6065100000
CY2021	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-349900000
CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-18400000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2299200000
CY2021	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	14100000
CY2021	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3397100000
CY2021	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	13600000
CY2021	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	892300000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9464400000
CY2021Q4	us-gaap	Assets Assets	18297600000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7984900000
CY2020	us-gaap	Cost Of Revenue CostOfRevenue	3929800000
CY2020	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	126200000
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	775600000
CY2020	us-gaap	Exploration Expense ExplorationExpense	32600000
CY2020	us-gaap	Operating Income Loss OperatingIncomeLoss	3120700000
CY2020	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-347400000
CY2020	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-27500000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1174400000
CY2020	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6400000
CY2020	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	7400000
CY2020	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1570400000
CY2020	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	592200000
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9458700000
CY2020Q4	us-gaap	Assets Assets	16946500000
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7285600000
CY2019	us-gaap	Cost Of Revenue CostOfRevenue	3606400000
CY2019	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	131800000
CY2019	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	764400000
CY2019	us-gaap	Exploration Expense ExplorationExpense	30000000.0
CY2019	us-gaap	Operating Income Loss OperatingIncomeLoss	2753000000.0
CY2019	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-319500000
CY2019	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7000000.0
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	945300000
CY2019	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10700000
CY2019	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	6100000
CY2019	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1485800000
CY2019	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	707500000
CY2019Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9371000000.0
CY2019Q4	us-gaap	Assets Assets	16407400000
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1358700000
CY2021Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	49100000
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1068900000
CY2020Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	23300000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10934100000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7984900000
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7285600000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10934100000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7984900000
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	7285600000
CY2021	scco	Provisional Price Sales Adjustment In Net Sales ProvisionalPriceSalesAdjustmentInNetSales	-7800000
CY2020	scco	Provisional Price Sales Adjustment In Net Sales ProvisionalPriceSalesAdjustmentInNetSales	31500000
CY2021	dei	Auditor Firm AuditorFirmId	1153

Files In Submission

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Show.js	Edgar Link	pending

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$SCCO
SOUTHERN COPPER CORP/ Stock $scco

2021 Q4 Form 10-K Financial Statement

#000155837022002968 Filed on March 07, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SCCO SOUTHERN COPPER CORP/ Stock $scco

2021 Q4 Form 10-K Financial Statement

#000155837022002968 Filed on March 07, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SCCO
SOUTHERN COPPER CORP/ Stock $scco