$SCCO
SOUTHERN COPPER CORP/

2022 Q4 Form 10-Q Financial Statement

#000155837022015661 Filed on October 31, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $2.820B $2.157B $2.681B
YoY Change -0.12% -19.55% 25.92%
Cost Of Revenue $1.178B $1.138B $927.5M
YoY Change 16.01% 22.68% -2.26%
Gross Profit $1.643B $1.019B $1.753B
YoY Change -9.17% -41.88% 48.57%
Gross Profit Margin 58.24% 47.24% 65.4%
Selling, General & Admin $62.60M $30.20M $31.30M
YoY Change 14.44% -3.51% -6.29%
% of Gross Profit 3.81% 2.96% 1.79%
Research & Development $11.10M $9.600M $10.90M
YoY Change -33.13% -11.93% 57.97%
% of Gross Profit 0.68% 0.94% 0.62%
Depreciation & Amortization $198.7M $192.0M $203.4M
YoY Change -3.82% -5.6% 3.78%
% of Gross Profit 12.1% 18.84% 11.6%
Operating Expenses $272.4M $30.20M $31.30M
YoY Change -1.98% -3.51% -6.29%
Operating Profit $1.370B $787.2M $1.508B
YoY Change -10.48% -47.79% 59.74%
Interest Expense -$64.60M -$76.40M -$87.40M
YoY Change -26.0% -12.59% 1.16%
% of Operating Profit -4.71% -9.71% -5.8%
Other Income/Expense, Net $62.70M $38.70M -$1.900M
YoY Change -691.51% -2136.84% -86.43%
Pretax Income $1.368B $749.5M $1.419B
YoY Change -4.5% -47.16% 68.17%
Income Tax $459.1M $228.5M $548.6M
% Of Pretax Income 33.56% 30.49% 38.67%
Net Earnings $902.4M $520.9M $871.2M
YoY Change 8.34% -40.21% 71.46%
Net Earnings / Revenue 32.0% 24.15% 32.5%
Basic Earnings Per Share $0.67 $1.12
Diluted Earnings Per Share $1.17 $0.67 $1.122M
COMMON SHARES
Basic Shares Outstanding 773.1M 773.1M 773.1M
Diluted Shares Outstanding 773.1M 773.1M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.070B $2.185B $2.584B
YoY Change -31.06% -15.45% 20.41%
Cash & Equivalents $2.070B $2.185B $2.584B
Short-Term Investments $300.0K $300.0K $400.0K
Other Short-Term Assets $44.40M $24.90M $53.90M
YoY Change 32.54% -53.8% 18.2%
Inventory $1.014B $1.053B $912.5M
Prepaid Expenses
Receivables $1.394B $1.066B $1.493B
Other Receivables $79.70M $88.90M $86.40M
Total Short-Term Assets $5.188B $4.959B $5.891B
YoY Change -15.5% -15.81% 35.8%
LONG-TERM ASSETS
Property, Plant & Equipment $9.597B $9.555B $9.476B
YoY Change 1.4% 0.83% 3.62%
Goodwill $41.90M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $110.8M $115.7M $120.5M
YoY Change -3.99% -3.98% 9.55%
Other Assets $94.60M $126.0M $99.50M
YoY Change -14.0% 26.63% 26.75%
Total Long-Term Assets $12.09B $12.12B $12.22B
YoY Change -0.56% -0.78% 2.59%
TOTAL ASSETS
Total Short-Term Assets $5.188B $4.959B $5.891B
Total Long-Term Assets $12.09B $12.12B $12.22B
Total Assets $17.28B $17.08B $18.11B
YoY Change -5.58% -5.67% 11.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $657.6M $662.6M $611.2M
YoY Change 11.1% 8.41% 7.83%
Accrued Expenses $440.0M $427.5M $523.0M
YoY Change -16.32% -18.26% 29.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $300.0M
YoY Change -100.0%
Total Short-Term Liabilities $1.236B $1.485B $1.789B
YoY Change -45.08% -17.01% 54.01%
LONG-TERM LIABILITIES
Long-Term Debt $6.251B $6.250B $6.547B
YoY Change 0.05% -4.53% 0.05%
Other Long-Term Liabilities $82.40M $98.90M $89.10M
YoY Change 20.64% 11.0% -35.06%
Total Long-Term Liabilities $7.895B $7.970B $8.168B
YoY Change 0.7% -2.42% 1.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.236B $1.485B $1.789B
Total Long-Term Liabilities $7.895B $7.970B $8.168B
Total Liabilities $9.131B $9.455B $9.957B
YoY Change -9.51% -5.04% 8.47%
SHAREHOLDERS EQUITY
Retained Earnings $7.702B $7.187B $7.710B
YoY Change -0.87% -6.79% 16.06%
Common Stock $3.499B $3.487B $3.469B
YoY Change 1.03% 0.51% 1.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.108B $3.096B $3.081B
YoY Change 1.09% 0.5% 1.08%
Treasury Stock Shares
Shareholders Equity $8.084B $7.567B $8.096B
YoY Change
Total Liabilities & Shareholders Equity $17.28B $17.08B $18.11B
YoY Change -5.58% -5.67% 11.46%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $902.4M $520.9M $871.2M
YoY Change 8.34% -40.21% 71.46%
Depreciation, Depletion And Amortization $198.7M $192.0M $203.4M
YoY Change -3.82% -5.6% 3.78%
Cash From Operating Activities $1.082B $590.1M $1.221B
YoY Change -11.87% -51.65% 53.82%
INVESTING ACTIVITIES
Capital Expenditures $290.9M $227.9M $243.1M
YoY Change -247.82% -6.25% 80.74%
Acquisitions
YoY Change
Other Investing Activities -$204.9M $242.4M -$9.900M
YoY Change -250.66% -2548.48% 1137.5%
Cash From Investing Activities -$495.8M $14.40M -$314.2M
YoY Change 715.46% -104.58% 135.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -687.7M -580.1M -697.4M
YoY Change -11.28% -16.82% 125.77%
NET CHANGE
Cash From Operating Activities 1.082B 590.1M 1.221B
Cash From Investing Activities -495.8M 14.40M -314.2M
Cash From Financing Activities -687.7M -580.1M -697.4M
Net Change In Cash -101.6M 71.40M 189.4M
YoY Change -125.94% -62.3% -43.73%
FREE CASH FLOW
Cash From Operating Activities $1.082B $590.1M $1.221B
Capital Expenditures $290.9M $227.9M $243.1M
Free Cash Flow $791.0M $362.2M $977.5M
YoY Change -44.47% -62.95% 48.33%

Facts In Submission

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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;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;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">The Company is a majority-owned, indirect subsidiary of Grupo Mexico S.A.B. de C.V. (“Grupo Mexico”). As of September 30, 2022, Grupo Mexico, through its wholly-owned subsidiary Americas Mining Corporation (“AMC”) owned 88.9% of the Company’s capital stock. The condensed consolidated financial statements presented herein consist of the accounts of Southern Copper Corporation (“Southern Copper”, "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.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">In the opinion of the Company, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to fairly state the Company’s financial position as of September 30, 2022 and the results of operations, comprehensive income, cash flows and changes in equity for the three months ended September 30, 2022 and 2021. The results of operations for the three months ended September 30, 2022 are not necessarily indicative of the results to be expected for the full year. The December 31, 2021 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 (“GAAP”). The accompanying condensed consolidated financial statements should be read in conjunction with the consolidated financial statements at December 31, 2021 and notes included in the Company’s 2021 annual report on Form 10-K.</p>
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LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
28900000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
115200000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
107300000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
106200000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
106000000.0
CY2022Q3 scco Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
628800000
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1092400000
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
222700000
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
869700000
CY2019Q2 scco Maximum Percentage Of Annual Guarantees Secured
MaximumPercentageOfAnnualGuaranteesSecured
0.50
scco Percentage Of Guarantee For Pledged Office Complex
PercentageOfGuaranteeForPledgedOfficeComplex
0.50
scco Percentage Of Security For Stand By Letter Of Credit
PercentageOfSecurityForStandByLetterOfCredit
0.50
CY2022Q1 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
66300000
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
28100000
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
119500000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2900000000
CY2022Q3 scco Stock Repurchase Program Repurchase Price
StockRepurchaseProgramRepurchasePrice
44.84
CY2022Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
1800000
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
562900000
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
545000000.0
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
43300000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
4900000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3700000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
19500000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
18300000
CY2022Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
620800000
CY2021Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
559600000
scco Defined Benefit Plan Number Of Expatriate Noncontributory Plans
DefinedBenefitPlanNumberOfExpatriateNoncontributoryPlans
2
us-gaap Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
42500000
us-gaap Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
60600000
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
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
scco Commitments For Capital Projects
CommitmentsForCapitalProjects
434800000
CY2022Q3 scco Percentage Of Ownership By Parent
PercentageOfOwnershipByParent
0.889
CY2021Q4 us-gaap Minority Interest
MinorityInterest
58600000
CY2020Q4 us-gaap Minority Interest
MinorityInterest
51200000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6800000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10600000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
4200000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
4400000
CY2022Q3 us-gaap Minority Interest
MinorityInterest
61200000
CY2021Q3 us-gaap Minority Interest
MinorityInterest
57400000
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
6550300000
CY2022Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
6211400000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
6547600000
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
8573200000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2156900000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7227600000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2680900000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8110400000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2156900000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2680900000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7227600000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8110400000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2156900000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7227600000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2680900000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8110400000
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1065800000
CY2022Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
48100000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1358700000
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
49100000
scco Long Term Contracts Table Text Bloc
LongTermContractsTableTextBloc
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:80%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:81.4%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:4.13%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;white-space:nowrap;width:14.46%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:81.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Copper concentrates (in tonnes)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.13%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">    </p></td><td style="vertical-align:middle;white-space:nowrap;width:14.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0pt 0pt;">110,000</p></td></tr><tr><td style="vertical-align:bottom;width:81.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Copper cathodes (in tonnes)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.13%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:nowrap;width:14.46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0pt 0pt;">48,000</p></td></tr><tr><td style="vertical-align:bottom;width:81.4%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Molybdenum concentrates (in tonnes)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.13%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"> </p></td><td style="vertical-align:middle;white-space:nowrap;width:14.46%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0pt 0pt;">36,558</p></td></tr><tr><td style="vertical-align:bottom;width:81.4%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Sulfuric acid (in tonnes)</p></td><td style="vertical-align:bottom;white-space:nowrap;width:4.13%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"> </p></td><td style="vertical-align:middle;white-space:nowrap;width:14.46%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3.6pt 0pt 0pt;">342,058</p></td></tr></table>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
1137900000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
30200000
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
192000000.0
CY2022Q3 us-gaap Exploration Expense
ExplorationExpense
9600000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
787200000
CY2022Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-76400000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
38700000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
228500000
CY2022Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-100000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1900000
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
519000000.0
CY2022Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
227900000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9554500000
CY2022Q3 us-gaap Assets
Assets
17083200000
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
927500000
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
31300000
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
203400000
CY2021Q3 us-gaap Exploration Expense
ExplorationExpense
10900000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1507800000
CY2021Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-87400000
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1900000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
548600000
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1300000
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3600000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
867600000
CY2021Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
243100000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9476100000
CY2021Q3 us-gaap Assets
Assets
18110300000
us-gaap Cost Of Revenue
CostOfRevenue
3442300000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
91400000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
597600000
us-gaap Exploration Expense
ExplorationExpense
30600000
us-gaap Operating Income Loss
OperatingIncomeLoss
3065700000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-240500000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
54400000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1137000000.0
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
300000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6800000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1736100000
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
657600000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9554500000
CY2022Q3 us-gaap Assets
Assets
17083200000
us-gaap Cost Of Revenue
CostOfRevenue
2856800000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
92900000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
599400000
us-gaap Exploration Expense
ExplorationExpense
26700000
us-gaap Operating Income Loss
OperatingIncomeLoss
4534600000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-262600000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1703800000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
14400000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10600000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2564200000
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
695500000
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9476100000
CY2021Q3 us-gaap Assets
Assets
18110300000

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