XML 19 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flow from operating activities:  
Net income$ 4,881$ 3,580
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, depletion and amortization756788
Stock-based compensation9293
Charges for reclamation and environmental obligations, including accretion144117
Payments of reclamation and environmental obligations(131)(139)
Losses on early extinguishment of debt6877
Deferred income taxes419252
Increase in long-term mill and leach stockpiles(174)(73)
Changes in other assets and liabilities(34)16
Other, net(21)36
(Increases) decreases in working capital:  
Accounts receivable1,034(391)
Inventories(266)(189)
Other current assets(152)(13)
Accounts payable and accrued liabilities(101)156
Accrued income and other taxes(641)(92)
Net cash provided by operating activities5,8744,218
Capital expenditures:  
North America copper mines(342)(140)
South America(431)(283)
Indonesia(463)(311)
Africa(89)(59)
Molybdenum(317)(34)
Other(107)(50)
Other, net2420
Net cash used in investing activities(1,725)(857)
Cash flow from financing activities:  
Proceeds from debt3752
Repayments of debt(1,303)(1,678)
Cash dividends and distributions paid:  
Common stock(1,186)(272)
Preferred stock0(95)
Noncontrolling interests(350)(330)
Contributions from noncontrolling interests2724
Net proceeds from (payments for) stock-based awards2(3)
Excess tax benefit from stock-based awards235
Other, net(9)0
Net cash used in financing activities(2,759)(2,297)
Net increase in cash and cash equivalents1,3901,064
Cash and cash equivalents at beginning of year3,7382,656
Cash and cash equivalents at end of period$ 5,128$ 3,720