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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flow from operating activities:    
Net income $ 2,340 $ 2,442
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 1,134 1,104
Net charges for environmental and asset retirement obligations, including accretion 116 300
Payments for environmental and asset retirement obligations (113) (97)
Stock-based compensation 74 77
Net charges for defined pension and postretirement plans 29 16
Pension plan contributions (9) (38)
Deferred income taxes 34 37
Charges for social investment programs at PT Freeport Indonesia 50 51
Payments for social investment programs at PT Freeport Indonesia (41) (37)
Other, net (19) 21
Changes in working capital and other:    
Accounts receivable (320) 92
Inventories (62) (341)
Other current assets 16 21
Accounts payable and accrued liabilities 428 103
Accrued income taxes and timing of other tax payments (404) 101
Net cash provided by operating activities 3,253 3,852
Cash flow from investing activities:    
Capital expenditures (2,433) (2,370)
Loans to PT Smelting for expansion 0 (28)
Proceeds from sale of assets and other, net (1) (13)
Net cash used in investing activities (2,432) (2,385)
Cash flow from financing activities:    
Proceeds from debt 1,630 1,281
Repayments of debt (1,338) (1,281)
Finance lease payments (15) (1)
Cash dividends and distributions paid:    
Common stock (433) (433)
Noncontrolling interests (625) (685)
Treasury stock purchases (107) 0
Proceeds from exercised stock options 2 26
Payments for withholding of employee taxes related to stock-based awards (22) (35)
Net cash used in financing activities (908) (1,128)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (87) 339
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year 4,911 6,063
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 4,824 6,402
North America Copper Mines Segment    
Cash flow from investing activities:    
Capital expenditures (528) (480)
South America Mines Segment    
Cash flow from investing activities:    
Capital expenditures (177) (172)
Indonesia Segment    
Cash flow from investing activities:    
Capital expenditures (1,444) (1,490)
Molybdenum    
Cash flow from investing activities:    
Capital expenditures (46) (63)
Other Operating Segment    
Cash flow from investing activities:    
Capital expenditures $ (238) $ (165)