XML 36 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2

INCOME TAXES : (Tables)

6 Months Ended

Jun. 30, 2016

INCOME TAXES:

Schedule of income tax provision and effective income tax rate

The income tax provision and the effective income tax rate for the first six months of 2016 and 2015 consisted of ($ in millions):

		2016			2015
Statutory income tax provision		$	175.5		$	249.8
Peruvian royalty		—			2.9
Mexican royalty		13.7			22.3
Peruvian special mining tax		5.0			11.2
Total income tax provision		$	194.2		$	286.2
Effective income tax rate		32.7		%	33.3		%

Summary of income tax rate and dividend tax rate due to change in enacted tax law

Year		Income Tax Rate		Dividend Tax Rate
2015- 2016		28	%	6.8	%
2017- 2018		27	%	8.0	%
2019 and later		26	%	9.3	%

X

- Definition

Disclosure of the income tax provision attributable to continuing operations and the effective income tax rate.

+ References

No definition available.

+ Details

Name:	scco_ScheduleOfIncomeTaxProvisionAndEffectiveIncomeTaxRateTableTextBlock
Namespace Prefix:	scco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income tax rates and dividend tax rates for various periods.

+ References

No definition available.

+ Details

Name:	scco_SummaryOfIncomeTaxRateAndDividendTaxRate
Namespace Prefix:	scco_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration