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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
OPERATING ACTIVITIES      
Net income $ 1,941,372 $ 2,344,353 $ 1,562,709
Adjustments to reconcile net earnings to net cash provided from operating activities:      
Depreciation, amortization and depletion 325,743 288,138 281,697
Equity earnings of affiliate, net of dividends received (12,358)    
Loss (gain) on currency translation effect 15,174 (19,263) 13,585
Provision (benefit) for deferred income taxes 55,807 (117,946) (40,426)
Gain on sale of investment (18,200)    
Loss (gain) on sale of property 4,050 (7,311)  
(Gain) loss on short-term investments (10,623) 3,781 (1,020)
Cash provided from (used for) operating assets and liabilities:      
Accounts receivable (14,739) (135,552) (308,079)
Inventories (180,684) (194,484) (7,272)
Accounts payable and accrued liabilities (135,742) (136,897) 540,955
Other operating assets and liabilities 34,162 55,094 (121,438)
Net cash provided from operating activities 2,003,962 2,079,913 1,920,711
INVESTING ACTIVITIES      
Capital expenditures (1,051,900) (612,905) (408,734)
Purchase of short-term investments (152,441) (532,188) (66,914)
Proceeds on sale of short-term investment 540,098 82,663 14,673
Investment in affiliated companies   (33,276) (21,467)
Proceeds on sale of investment 18,200    
Loan granted to related parties (37,599)    
Sale of property 15,072 12,575 8,671
Other   (9,741)  
Net cash used for investing activities (668,570) (1,092,872) (473,771)
FINANCING ACTIVITIES      
Debt repaid (10,000) (15,250) (10,000)
Debt incurred 1,477,455   1,489,674
SCC common shares buyback (147,344) (273,690) (463)
Capitalization of debt issuance cost (7,685)   (8,831)
Dividends paid to common stockholders (3,139,971) (2,080,353) (1,427,998)
SCC shareholder derivative lawsuit 2,108,221    
Distributions to non-controlling interest (3,613) (6,885) (6,495)
Other 1,035 1,153 723
Net cash provided from (used for) financing activities 278,098 (2,375,025) 36,610
Effect of exchange rate changes on cash and cash equivalents (2,120) 43,425 (63,179)
Increase (decrease) in cash and cash equivalents 1,611,370 (1,344,559) 1,420,371
Cash and cash equivalents, at beginning of year 848,118 2,192,677 772,306
Cash and cash equivalents, at end of year 2,459,488 848,118 2,192,677
Cash paid during the year for:      
Interest 189,217 189,940 142,210
Income taxes 1,140,352 1,234,453 600,371
Workers' participation 256,042 241,420 155,440
Supplemental schedule of non-cash operating, investing and financing activities:      
Decrease in pension and other post-retirement benefits (3,394) 8,310 12,179
Unrealized gain (loss) on cash flow hedge derivative instruments recognized in other comprehensive income (net of taxes)   5,417 (125,535)
Loan granted to related parties 146,351    
Other accounts receivable $ (146,351)