XML 58 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Thousands, unless otherwise specified
CAPITAL STOCK:
ADDITIONAL PAID-IN CAPITAL:
TREASURY STOCK:
Common Class A
TREASURY STOCK:
Common Class B
TREASURY STOCK:
RETAINED EARNINGS:
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS):
STOCKHOLDERS' EQUITY
NON-CONTROLLING INTEREST
Total
Balance at Dec. 31, 2011   $ 1,039,382us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ (734,123)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
$ (163,729)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
  $ 3,852,054us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 12,875us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 4,015,304us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
$ 20,979us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
$ 4,036,283us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Increase (Decrease) in Stockholders' Equity                    
SCC shareholder derivative lawsuit   2,108,221scco_CourtOrderSettlementPayment
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
               
Other activity of the period   28,192us-gaap_StockholdersEquityOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
               
Share repurchase program     (147,344)us-gaap_TreasuryStockValueAcquiredCostMethod
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
            (147,300)us-gaap_TreasuryStockValueAcquiredCostMethod
Used for corporate purposes     245us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
             
Other activity, including dividend, interest and currency translation effect       (25,297)scco_TreasuryStockValueOtherActivityIncludingDividendInterestAndCurrencyTranslationEffect
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
           
Other comprehensive income (loss)             (8,843)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
    1,932,526us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Net earnings           1,934,632us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
    6,740us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
1,934,632us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Common stock dividend distribution   145,132us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
      (3,436,560)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
    (3,613)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Common stock distribution, per share $0.35     151,457us-gaap_DividendsCommonStock
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
             
Other activity                 (146)scco_NoncontrollingInterestOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Balance at Dec. 31, 2012 8,846us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
3,320,927us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(729,765)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
(189,026)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
(918,791)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
2,350,126us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
4,032us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
4,765,140us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
23,960us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
4,789,100us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Balance at Dec. 30, 2012   3,320,927us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
               
Increase (Decrease) in Stockholders' Equity                    
SCC shareholder derivative lawsuit   2,108,200scco_CourtOrderSettlementPayment
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
               
Balance at Dec. 31, 2012 8,846us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
3,320,927us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(729,765)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
(189,026)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
(918,791)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
2,350,126us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
4,032us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
4,765,140us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
23,960us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
4,789,100us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Increase (Decrease) in Stockholders' Equity                    
Other activity of the period   19,422us-gaap_StockholdersEquityOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
               
Share repurchase program     (281,438)us-gaap_TreasuryStockValueAcquiredCostMethod
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
            (281,400)us-gaap_TreasuryStockValueAcquiredCostMethod
Used for corporate purposes     224us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
             
Other activity, including dividend, interest and currency translation effect       (16,594)scco_TreasuryStockValueOtherActivityIncludingDividendInterestAndCurrencyTranslationEffect
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
           
Other comprehensive income (loss)             2,207us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
    1,626,388us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Net earnings           1,618,517us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
    5,664us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
1,618,517us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Common stock dividend distribution           (573,816)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
    (1,350)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Other activity                 (116)scco_NoncontrollingInterestOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Balance at Dec. 31, 2013 8,846us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
3,340,349us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(1,010,979)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
(205,620)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
(1,216,599)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
3,394,827us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
6,239us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
5,533,662us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
28,158us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
5,561,820us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Increase (Decrease) in Stockholders' Equity                    
Other activity of the period   4,320us-gaap_StockholdersEquityOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
               
Share repurchase program     (682,774)us-gaap_TreasuryStockValueAcquiredCostMethod
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
             
Used for corporate purposes     249us-gaap_StockIssuedDuringPeriodValueTreasuryStockReissued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
             
Other activity, including dividend, interest and currency translation effect       (1,562)scco_TreasuryStockValueOtherActivityIncludingDividendInterestAndCurrencyTranslationEffect
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
           
Other comprehensive income (loss)             (1,426)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
    1,336,512us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Net earnings           1,332,973us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
    4,965us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
1,332,973us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Common stock dividend distribution           (380,982)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
    (961)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Other activity                 (23)scco_NoncontrollingInterestOther
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
 
Balance at Dec. 31, 2014 $ 8,846us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 3,344,669us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ (1,693,504)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
$ (207,182)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
$ (1,900,686)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_TreasuryStockMember
$ 4,346,818us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 4,813us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 5,804,460us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
$ 32,139us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
$ 5,836,599us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest