XML 57 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 2,219 $ 3,705
Trade accounts receivable 1,749 927
Other accounts receivable 480 702
Inventories:    
Materials and supplies, net 1,762 [1] 1,504 [1]
Mill and leach stockpiles 1,744 1,672
Product 1,347 1,400
Other current assets 305 387
Total current assets 9,606 10,297
Property, plant, equipment and development costs, net 46,647 20,999
Long-term mill and leach stockpiles 2,304 1,955
Goodwill 1,932 0
Other assets 2,109 2,189
Total assets 62,598 35,440
Current liabilities:    
Accounts payable and accrued liabilities 3,698 2,708
Dividends payable 332 299
Current portion of reclamation and environmental obligations 257 241
Accrued income taxes 141 93
Current portion of debt 70 2
Total current liabilities 4,498 3,343
Long-term debt, less current portion 21,053 3,525
Deferred income taxes 6,922 [2] 3,490
Reclamation and environmental obligations, less current portion 3,077 2,127
Other liabilities 1,774 1,644
Total liabilities 37,324 14,129
Redeemable noncontrolling interest 720 0
FCX stockholders’ equity:    
Common stock 117 107
Capital in excess of par value 22,092 19,119
Retained earnings 2,361 2,399
Accumulated other comprehensive loss (484) (506)
Common stock held in treasury (3,681) (3,576)
Total FCX stockholders’ equity 20,405 17,543
Noncontrolling interests 4,149 3,768
Total equity 24,554 21,311
Total liabilities and equity $ 62,598 $ 35,440
[1] Materials and supplies inventory was net of obsolescence reserves totaling $30 million at September 30, 2013, and $27 million at December 31, 2012.
[2] All U.S. related deferred income taxes are recorded at the parent company.