XML 118 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income $ 662 $ 268
Adjustments:    
Depreciation and amortization 896 922
Stock based compensation and other non-cash benefits 58 42
Reclamation and remediation 70 61
Loss (income) from discontinued operations (34) 16
Impairment of investments 102 4
Deferred income taxes 212 (183)
Gain on asset and investment sales, net (109) (92)
Gain on deconsolidation of TMAC (76)  
Other operating adjustments and write-downs 254 525
Net change in operating assets and liabilities (Note 24) (153) (674)
Net cash provided by continuing operations 1,882 889
Net cash used in discontinued operations (9) (10)
Net cash provided by operations 1,873 879
Investing activities:    
Additions to property, plant and mine development (941) (766)
Acquisitions, net (Note 13) (819) (28)
Sales of investments 29 25
Proceeds from sale of other assets 126 191
Other (47) (14)
Net cash used in investing activities (1,652) (592)
Financing activities:    
Proceeds from debt, net   596
Repayment of debt (332) (581)
Proceeds from stock issuance, net 675  
Sale of noncontrolling interests 37 71
Funding from noncontrolling interests 89  
Acquisition of noncontrolling interests (8) (6)
Dividends paid to noncontrolling interests (3) (4)
Dividends paid to common stockholders (38) (102)
Restricted cash and other (59) (27)
Net cash provided by (used in) financing activities 361 (53)
Effect of exchange rate changes on cash (21) (11)
Net change in cash and cash equivalents 561 223
Cash and cash equivalents at beginning of period 2,403 1,555
Cash and cash equivalents at end of period $ 2,964 $ 1,778