XML 19 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flow from operating activities:    
Net income $ 3,587 $ 2,047
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 499 520
Stock-based compensation 69 75
Charges for reclamation and environmental obligations, including accretion 79 75
Payments of reclamation and environmental obligations (88) (97)
Losses on early extinguishment of debt 68 77
Deferred income taxes 337 107
Increase in long-term mill and leach stockpiles (98) (31)
Other, net (32) 2
(Increases) decreases in working capital:    
Accounts receivable 577 502
Inventories (346) (39)
Other current assets 0 (9)
Accounts payable and accrued liabilities (184) (161)
Accrued income and other taxes (429) (186)
Net cash provided by operating activities 4,039 2,882
Capital expenditures:    
North America copper mines (204) (81)
South America (257) (154)
Indonesia (301) (195)
Africa (40) (50)
Molybdenum (162) (12)
Other (68) (35)
Other, net 19 8
Net cash used in investing activities (1,013) (519)
Cash flow from financing activities:    
Proceeds from debt 23 35
Repayments of debt (1,288) (1,655)
Cash dividends and distributions paid:    
Common stock (949) (130)
Preferred stock 0 (95)
Noncontrolling interests (195) (145)
Contributions from noncontrolling interests 13 15
Net payments for stock-based awards (3) (6)
Excess tax benefit from stock-based awards 22 4
Other, net (9) 0
Net cash used in financing activities (2,386) (1,977)
Net increase in cash and cash equivalents 640 386
Cash and cash equivalents at beginning of year 3,738 2,656
Cash and cash equivalents at end of period $ 4,378 $ 3,042