XML 52 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,258.1 $ 1,151.5
Short-term investments 245.3 599.3
Accounts receivable trade 1,189.6 1,141.1
Accounts receivable other (including related parties 2024- $13.5 and 2023 - $27.3) 54.2 87.2
Inventories 1,048.9 1,016.9
Prepaid taxes 346.7 395.4
Other current assets 31.7 38.1
Total current assets 6,174.3 4,429.5
Property and mine development, net 9,883.3 9,782.9
Ore stockpiles on leach pads 1,145.8 1,121.7
Intangible assets, net 124.6 130.2
Right-of-use assets 739.5 775.4
Deferred income tax 310.6 256.1
Equity method investment 111.9 108.2
Other non-current assets 223.5 121.3
Total assets 18,713.5 16,725.3
Current liabilities:    
Current portion of long-term debt 499.8  
Accounts payable (including related parties 2024 - $49.2 and 2023 - $93.6) 615.2 652.6
Accrued income taxes 635.2 278.3
Accrued workers' participation 280.8 245.7
Accrued interest 97.1 97.1
Lease liabilities current 81.8 78.0
Other accrued liabilities 38.1 36.8
Total current liabilities 2,248.1 1,388.5
Long-term debt, net of current portion 5,758.5 6,254.6
Lease liabilities 657.6 697.4
Deferred income taxes 124.5 132.2
Non-current taxes payable 104.9 92.7
Other liabilities and reserves 35.6 66.2
Asset retirement obligation 546.1 612.5
Total non-current liabilities 7,227.3 7,855.6
Commitments and contingencies (Note 13)
STOCKHOLDERS' EQUITY (NOTE 14)    
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 5,026.0 3,532.8
Retained earnings 6,839.6 7,033.5
Accumulated other comprehensive income (2.2) (8.0)
Treasury stock, at cost, common shares (2,700.7) (3,149.0)
Total Southern Copper Corporation stockholders' equity 9,171.6 7,418.1
Non-controlling interest 66.6 63.1
Total equity 9,238.1 7,481.2
Total liabilities and equity $ 18,713.5 $ 16,725.3