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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,116.3 $ 3,258.1
Short-term investments 218.2 245.3
Accounts receivable trade 1,548.1 1,189.6
Accounts receivable other (including related parties 2025- $15.0 and 2024 - $13.5) 57.0 54.2
Inventories 966.1 1,048.9
Prepaid taxes 279.0 346.7
Other current assets 35.3 31.7
Total current assets 7,220.0 6,174.3
Property and mine development, net 9,934.6 9,883.3
Ore stockpiles on leach pads 1,143.3 1,145.8
Intangible assets, net 122.6 124.6
Right-of-use assets 720.7 739.5
Deferred income tax 288.7 310.6
Equity method investment 115.0 111.9
Other non-current assets 246.3 223.5
Total assets 19,791.2 18,713.5
Current liabilities:    
Current portion of long-term debt 500.0 499.8
Accounts payable (including related parties 2025- $65.6 and 2024- $49.2) 684.4 615.2
Accrued income taxes 260.2 635.2
Accrued workers' participation 224.1 280.8
Accrued interest 134.6 97.1
Lease liabilities current 83.1 81.8
Other accrued liabilities 58.1 38.1
Total current liabilities 1,944.4 2,248.1
Long-term debt, net of current portion 6,747.0 5,758.5
Lease liabilities 637.6 657.6
Deferred income taxes 130.8 124.5
Non-current taxes payable 92.9 104.9
Other liabilities and reserves 68.9 35.6
Asset retirement obligation 532.9 546.1
Total non-current liabilities 8,210.1 7,227.3
Commitments and contingencies (Note 10)
STOCKHOLDERS' EQUITY (NOTE 11)    
Common stock par value $0.01; shares authorized, 2025 and 2024-2,000; shares issued, 2025 and 2024-884.6 8.8 8.8
Additional paid-in capital 5,433.0 5,026.0
Retained earnings 6,682.8 6,839.6
Accumulated other comprehensive income (2.2) (2.2)
Treasury stock, at cost, common shares (2,554.1) (2,700.7)
Total Southern Copper Corporation stockholders' equity 9,568.3 9,171.6
Non-controlling interest 68.4 66.6
Total equity 9,636.7 9,238.1
Total liabilities and equity $ 19,791.2 $ 18,713.5