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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net income $ 3,441 [1] $ 3,980 [2] $ 5,747
Defined benefit plans:      
Actuarial gains (losses) arising during the period 85 (66) (137)
Prior service costs arising during the period (21) 0 0
Amortization of unrecognized amounts included in net periodic benefit costs 30 26 15
Adjustment to deferred tax valuation allowance 0 (1) [3],[4] (20) [3],[4]
Translation adjustments and unrealized losses on securities 4 (1) (3)
Other comprehensive income (loss) 98 (42) (145)
Total comprehensive income 3,539 3,938 5,602
Total comprehensive income and preferred dividends attributable to noncontrolling interests (780) (938) (1,184)
Total comprehensive income attributable to FCX common stockholders $ 2,759 $ 3,000 $ 4,418
[1] Included a net tax benefit of $183 million ($0.19 per share) in the second quarter, $16 million ($0.01 per share) in the fourth quarter and $199 million ($0.20 per share) for the year associated with net reductions in FCX's deferred tax liabilities and deferred tax asset valuation allowances related to the acquisitions of PXP and MMR.
[2] Included a net tax benefit of $208 million ($108 million attributable to noncontrolling interests and $100 million to net income attributable to FCX common stockholders or $0.11 per share) in the third quarter and $205 million ($107 million attributable to noncontrolling interests and $98 million to net income attributable to FCX common stockholders or $0.11 per share) for the year associated with adjustments to Cerro Verde's deferred income taxes. Refer to Note 11 for further discussion.
[3] Included tax benefits (provision) totaling $81 million for 2011, $39 million for 2012 and $(37) million for 2013.
[4] Included net actuarial gains (losses), net of noncontrolling interest, totaling $(215) million for 2011, $(103) million for 2012 and $137 million for 2013. The year 2013 also included $33 million for prior service costs.