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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flow from operating activities:    
Net income $ 3,587 $ 3,678
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 1,759 1,704
Gain on sales of assets (16) 0
Net charges for environmental and asset retirement obligations, including accretion 166 382
Payments for environmental and asset retirement obligations (177) (157)
Stock-based compensation 98 94
Net charges for defined pension and postretirement plans 43 29
Pension plan contributions (29) (58)
Deferred income taxes (16) 36
Charges for social investment programs at PT Freeport Indonesia 77 81
Payments for social investment programs at PT Freeport Indonesia (44) (50)
Other, net (21) 14
Changes in working capital and other:    
Accounts receivable (433) 93
Inventories (113) (301)
Other current assets 46 (24)
Accounts payable and accrued liabilities 283 (79)
Accrued income taxes and timing of other tax payments (293) 282
Net cash provided by operating activities 4,917 5,724
Cash flow from investing activities:    
Capital expenditures (3,489) (3,569)
PT Freeport Indonesia smelter fire insurance recoveries 25 0
Acquisition of additional ownership interest in Cerro Verde 0 (210)
Loans to PT Smelting for expansion 0 (28)
Proceeds from sales of assets and other, net (22) (10)
Net cash used in investing activities (3,442) (3,797)
Cash flow from financing activities:    
Proceeds from debt 2,180 1,948
Repayments of debt (1,843) (1,699)
Finance lease payments (24) (38)
Cash dividends and distributions paid:    
Common stock (649) (649)
Noncontrolling interests (1,274) (1,269)
Treasury stock purchases (107) (59)
Proceeds from exercised stock options 6 27
Payments for withholding of employee taxes related to stock-based awards (22) (35)
Net cash used in financing activities (1,733) (1,774)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (258) 153
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 4,653 6,216
North America Copper Mines Segment    
Cash flow from investing activities:    
Capital expenditures (843) (743)
South America Mines Segment    
Cash flow from investing activities:    
Capital expenditures (287) (272)
Indonesia Segment    
Cash flow from investing activities:    
Capital expenditures (1,927) (2,203)
Molybdenum    
Cash flow from investing activities:    
Capital expenditures (74) (88)
Other Operating Segment    
Cash flow from investing activities:    
Capital expenditures $ (358) $ (263)