SEGMENT AND RELATED INFORMATION: (Tables)

9 Months Ended

Sep. 30, 2020

SEGMENT AND RELATED INFORMATION:

Schedule of financial information relating to Company's segments

	Three Months Ended September 30, 2020
	(in millions)
			Mexican				Corporate, other
	Mexican		IMMSA		Peruvian		and
	Open-pit		Unit		Operations		eliminations		Consolidated
Net sales outside of segments	$	1,181.7	$	111.2	$	836.2	$	—	$	2,129.1
Intersegment sales		—		29.7		—		(29.7)		—
Cost of sales (exclusive of depreciation, amortization and depletion)		491.0		91.0		395.1		(28.2)		948.9
Selling, general and administrative		19.1		2.6		9.1		2.6		33.4
Depreciation, amortization and depletion		91.0		10.7		85.4		8.9		196.0
Exploration		0.4		1.8		1.9		2.8		6.9
Operating income	$	580.2	$	34.8	$	344.7	$	(15.8)		943.9
Less:
Interest, net										(86.4)
Other income (expense)										(14.0)
Income taxes										(338.5)
Equity earnings of affiliate										3.1
Non-controlling interest										(2.1)
Net income attributable to SCC									$	506.0
Capital investment	$	76.0	$	16.0	$	41.3	$	1.2	$	134.5
Property and mine development, net	$	4,540.5	$	508.1	$	3,726.3	$	369.8	$	9,144.7
Total assets	$	7,551.0	$	879.7	$	5,032.3	$	2,785.4	$	16,248.4

	Nine Months Ended September 30, 2020
	(in millions)
			Mexican				Corporate, other
	Mexican		IMMSA		Peruvian		and
	Open-pit		Unit		Operations		eliminations		Consolidated
Net sales outside of segments	$	3,152.1	$	299.0	$	2,183.1	$	—	$	5,634.2
Intersegment sales		—		78.0		—		(78.0)		—
Cost of sales (exclusive of depreciation, amortization and depletion)		1,482.4		285.1		1,202.0		(88.2)		2,881.3
Selling, general and administrative		55.0		6.8		26.5		5.7		94.0
Depreciation, amortization and depletion		276.0		31.6		247.0		28.2		582.8
Exploration		1.9		6.9		6.0		7.0		21.8
Operating income	$	1,336.8	$	46.6	$	701.6	$	(30.7)		2,054.3
Less:
Interest, net										(263.0)
Other income (expense)										(22.4)
Income taxes										(784.7)
Equity earnings of affiliate										1.0
Non-controlling interest										(4.9)
Net income attributable to SCC									$	980.3
Capital investment	$	179.7	$	55.7	$	107.3	$	6.1	$	348.8
Property and mine development, net	$	4,540.5	$	508.1	$	3,726.3	$	369.8	$	9,144.7
Total assets	$	7,551.0	$	879.7	$	5,032.3	$	2,785.4	$	16,248.4

	Three Months Ended September 30, 2019
	(in millions)
			Mexican				Corporate, other
	Mexican		IMMSA		Peruvian		and
	Open-pit		Unit		Operations		eliminations		Consolidated
Net sales outside of segments	$	982.4	$	88.1	$	789.0	$	—	$	1,859.5
Intersegment sales		—		18.6		—		(18.6)		—
Cost of sales (exclusive of depreciation, amortization and depletion)		390.2		80.7		452.5		(16.9)		906.5
Selling, general and administrative		19.4		2.0		9.4		1.2		32.0
Depreciation, amortization and depletion		91.1		13.7		88.4		7.1		200.3
Exploration		0.5		2.3		1.9		2.2		6.9
Operating income	$	481.2	$	8.0	$	236.8	$	(12.2)		713.8
Less:
Interest, net										(78.7)
Other income (expense)										(6.3)
Income taxes										(241.0)
Equity earnings of affiliate										3.5
Non-controlling interest										(1.7)
Net income attributable to SCC									$	389.6
Capital investment	$	59.4	$	32.1	$	88.8	$	2.4	$	182.7
Property and mine development, net	$	4,691.2	$	487.6	$	3,878.7	$	337.8	$	9,395.3
Total assets	$	8,093.3	$	839.3	$	5,114.6	$	2,447.2	$	16,494.4

	Nine Months Ended September 30, 2019
	(in millions)
			Mexican				Corporate, other
	Mexican		IMMSA		Peruvian		and
	Open-pit		Unit		Operations		eliminations		Consolidated
Net sales outside of segments	$	3,009.1	$	286.2	$	2,135.7	$	—	$	5,431.0
Intersegment sales		—		63.9		—		(63.9)		—
Cost of sales (exclusive of depreciation, amortization and depletion)		1,194.9		285.3		1,208.0		(70.3)		2,617.9
Selling, general and administrative		51.4		6.0		28.2		5.8		91.4
Depreciation, amortization and depletion		263.9		39.9		247.8		29.0		580.6
Exploration		1.4		7.0		9.0		2.5		19.9
Operating income	$	1,497.5	$	11.9	$	642.7	$	(30.9)		2,121.2
Less:
Interest, net										(232.5)
Other income (expense)										22.0
Income taxes										(730.0)
Equity earnings of affiliate										4.2
Non-controlling interest										(4.7)
Net income attributable to SCC									$	1,180.2
Capital investment	$	180.5	$	79.6	$	271.5	$	4.5	$	536.1
Property and mine development, net	$	4,691.2	$	487.6	$	3,878.7	$	337.8	$	9,395.3
Total assets	$	8,093.3	$	839.3	$	5,114.6	$	2,447.2	$	16,494.4

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at September 30, 2020:

	Sales volume	Priced at
	(million lbs.)	(per pound)	Month of settlement
Copper	141.2	3.03	October 2020 through March 2021
Molybdenum	12.8	8.15	October 2020 through December 2020