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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Metals inventory adjustments $ 57 $ 0
Cash flow from operating activities:    
Net income 76 817
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 347 451
Net gain on sales of assets (33) (11)
Stock-based Compensation 29 49
Net charges for environmental and asset retirement obligations, including accretion 64 53
Payments for environmental and asset retirement obligations (46) (38)
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash 26 18
Payment for Pension and Other Postretirement Benefits (16) (24)
Net loss on early extinguishment of debt (6) (1)
Deferred income taxes 33 22
(Gain) loss on disposal of discontinued operations (1) 11
Increase (decrease) in long term mill and leach stockpiles 29 (22)
Other, net 48 19
Changes in working capital and other tax payments:    
Accounts receivable 19 136
Inventories 221 (142)
Other current assets 42 (42)
Accounts payable and accrued liabilities (247) (96)
Accrued income taxes and timing of other tax payments (62) 123
Net cash provided by operating activities 534 1,369
Cash flow from investing activities:    
Capital expenditures (622) (402)
Proceeds from Sale of Other Assets, Investing Activities 84 0
Intangible water rights and other, net (8) (90)
Net cash used in investing activities (546) (492)
Cash flow from financing activities:    
Proceeds from debt 114 122
Repayments of debt (1,356) (1,633)
Cash dividends and distributions paid:    
Common stock (73) 0
Noncontrolling interests (9) (80)
Stock-based awards net (payments) proceeds (7) 3
Net cash used in financing activities (1,331) (1,588)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (1,343) (711)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year 4,455 4,710
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 3,112 3,999
North America Copper Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (210) (92)
South America Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (61) (67)
Grasberg Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (319) (203)
Molybdenum [Member]    
Cash flow from investing activities:    
Capital expenditures (4) (1)
Other Segments [Member]    
Cash flow from investing activities:    
Capital expenditures $ (28) $ (39)