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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flow from operating activities:    
Net (loss) income $ 2 $ 1,852
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 699 893
Metals inventory adjustments 59 2
Net gain on sales of assets (25) (56)
Stock-based compensation 40 60
Net charges for environmental and asset retirement obligations, including accretion 109 152
Payments for environmental and asset retirement obligations (100) (110)
Net charges for defined pension and postretirement plans 53 38
Pension plan contributions (33) (44)
Net loss (gain) on early extinguishment of debt 6 (8)
Deferred income taxes 20 61
(Income) loss on disposal of discontinued operations (1) 15
(Increase) decrease in long-term mill and leach stockpiles (33) 38
Other, net 41 15
Changes in working capital and other tax payments:    
Accounts receivable 256 309
Inventories 287 (468)
Other current assets (26) (20)
Accounts payable and accrued liabilities 9 114
Accrued income taxes and timing of other tax payments (245) (148)
Net cash provided by operating activities 1,088 2,678
Cash flow from investing activities:    
Capital expenditures (1,251) (884)
Proceeds from Sale of Other Assets, Investing Activities 91 0
Intangible water rights and other, net (7) (86)
Net cash used in investing activities (1,167) (970)
Cash flow from financing activities:    
Proceeds from debt 328 352
Repayments of debt (1,563) (2,297)
Cash dividends and distributions paid:    
Common stock (146) (73)
Noncontrolling interests (79) (241)
Contributions from noncontrolling interests 100 0
Stock-based awards net (payments) proceeds (6) 5
Debt financing costs and other, net (4) (23)
Net cash used in financing activities (1,370) (2,277)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (1,449) (569)
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 3,006 4,141
North America Copper Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (417) (232)
South America Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (108) (138)
Grasberg Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (658) (449)
Molybdenum [Member]    
Cash flow from investing activities:    
Capital expenditures (6) (2)
Other Segments [Member]    
Cash flow from investing activities:    
Capital expenditures (62) (63)
Surface Water Taxes, Papua, Indonesia    
Adjustments to reconcile net income to net cash provided by operating activities:    
Cerro Verde royalty dispute 28 0
Cerro Verde Royalty Dispute    
Adjustments to reconcile net income to net cash provided by operating activities:    
Cerro Verde royalty dispute 28 4
Payments for Cerro Verde royalty dispute $ (86) $ (21)