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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CONSOLIDATED STATEMENTS OF EARNINGS      
Net sales (including sales to related parties, see note 16) $ 7,096.7 $ 6,654.5 $ 5,379.8
Operating cost and expenses:      
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) 3,409.0 3,252.8 3,034.1
Selling, general and administrative 102.6 93.1 94.3
Depreciation, amortization and depletion 674.3 671.1 647.1
Exploration 29.6 28.8 40.1
Environmental remediation   (10.2)  
Total operating costs and expenses 4,215.5 4,035.6 3,815.6
Operating income 2,881.2 2,618.9 1,564.2
Interest expense (360.9) (357.4) (360.3)
Capitalized interest 83.8 51.4 69.6
Other expense (30.7) (15.7) (24.6)
Interest income 16.0 5.5 7.1
Income before income taxes 2,589.4 2,302.7 1,256.0
Current income taxes and royalty taxes 1,105.0 951.7 623.6
Deferred income taxes (51.5) 641.7 (122.5)
Net income before equity earnings of affiliate 1,535.9 709.3 754.9
Equity earnings of affiliate, net of income tax 12.3 23.1 23.9
Net income 1,548.2 732.4 778.8
Less: Net income attributable to the non-controlling interest 5.2 3.9 2.3
Net income attributable to SCC $ 1,543.0 $ 728.5 $ 776.5
Per common share amounts attributable to SCC:      
Net earnings - basic and diluted $ 2.00 $ 0.94 $ 1.00
Dividends declared and paid $ 1.40 $ 0.59 $ 0.18
Weighted average shares outstanding - basic and diluted 773.0 773.0 773.6