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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flow from operating activities:    
Net (loss) income $ (549) $ 76
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation, depletion and amortization 341 347
Metals inventory adjustments 222 57
Gain (Loss) on Disposition of Assets (11) 33
Stock-based compensation 27 29
Net charges for environmental and asset retirement obligations, including accretion 60 64
Payments for environmental and asset retirement obligations (71) (46)
Net charges for defined pension and postretirement plans 18 26
Pension plan contributions (26) (16)
Net loss on early extinguishment of debt 32 6
Deferred income taxes (118) 33
Other, net (56) 42
Changes in working capital and other:    
Accounts receivable 205 19
Inventories 154 192
Other current assets (89) 42
Accounts payable and accrued liabilities (149) (247)
Accrued income taxes and timing of other tax payments (2) (62)
Net cash provided by operating activities (38) 534
Cash flow from investing activities:    
Capital expenditures (610) (622)
Proceeds from Sale of Other Assets, Investing Activities 66 84
Other, net (2) (8)
Net cash used in investing activities (546) (546)
Cash flow from financing activities:    
Proceeds from debt 1,478 114
Repayments of debt (1,242) (1,356)
Cash dividends and distributions paid:    
Common stock (73) (73)
Noncontrolling interests 0 (9)
Contributions from noncontrolling interests 32 0
Stock-based awards net payments (4) (7)
Payments of Financing Costs (18) 0
Net cash provided by (used in) financing activities 173 (1,331)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (411) (1,343)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year 2,278 4,455
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 1,867 3,112
North America Copper Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (184) (210)
South America Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (74) (61)
Grasberg Segment [Member]    
Cash flow from investing activities:    
Capital expenditures (326) (319)
Molybdenum    
Cash flow from investing activities:    
Capital expenditures (7) (4)
Other Segments [Member]    
Cash flow from investing activities:    
Capital expenditures (19) (28)
Cerro Verde Royalty Dispute    
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Charges for Cerro Verde royalty dispute 9 15
Payments for Cerro Verde royalty dispute $ (57) $ (10)