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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 2,654.8 $ 1,151.5
Short-term investments 318.8 599.3
Accounts receivable trade, net 1,530.2 1,141.1
Accounts receivable other (including related parties 2024- $12.3 and 2023 - $27.3) 59.2 87.2
Inventories 990.5 1,016.9
Prepaid taxes 349.7 395.4
Other current assets 23.2 38.1
Total current assets 5,926.4 4,429.5
Property and mine development, net 9,927.1 9,782.9
Ore stockpiles on leach pads 1,143.7 1,121.7
Intangible assets, net 125.4 130.2
Right-of-use assets 725.0 775.4
Deferred income tax 273.9 256.1
Equity method investment 114.0 108.2
Other non-current assets 180.0 121.3
Total assets 18,415.5 16,725.3
Current liabilities:    
Current portion of long-term debt 499.6  
Accounts payable (including related parties 2024- $54.8 and 2023- $93.6) 609.3 652.6
Accrued income taxes 531.8 278.3
Accrued workers' participation 237.8 245.7
Accrued interest 127.1 97.1
Lease liabilities current 75.7 78.0
Other accrued liabilities 58.1 36.8
Total current liabilities 2,139.4 1,388.5
Long-term debt 5,757.8 6,254.6
Lease liabilities 649.3 697.4
Deferred income taxes 133.5 132.2
Non-current taxes payable 85.6 92.7
Other liabilities and reserves 38.9 66.2
Asset retirement obligation 621.6 612.5
Total non-current liabilities 7,286.7 7,855.6
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY (NOTE 10)    
Common stock par value $0.01; shares authorized, 2024 and 2023-2,000; shares issued, 2024 and 2023-884.6 8.8 8.8
Additional paid-in capital 4,608.3 3,532.8
Retained earnings 7,142.8 7,033.5
Accumulated other comprehensive income (8.0) (8.0)
Treasury stock, at cost, common shares (2,831.0) (3,149.0)
Total Southern Copper Corporation stockholders' equity 8,921.0 7,418.1
Non-controlling interest 68.4 63.1
Total equity 8,989.4 7,481.2
Total liabilities and equity $ 18,415.5 $ 16,725.3