XML 48 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
INCOME TAXES: (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Taxes    
Statutory income tax provision $ 148.5 $ 82.6
Peruvian royalty 0.4  
Mexican royalty 21.4 9.3
Peruvian special mining tax 5.9 0.4
Income tax provision $ 176.2 $ 92.3
Effective income tax rate (as a percent) 36.30% 33.80%
Changes in the entity's uncertain tax positions $ 0.0  
Peru    
Income Taxes    
Peruvian royalty $ 0.4 $ 0.0
Increment in operating income margin for royalty tax (as a percent) 5.00%  
Increase in royalty tax rate for each 5% increase up to 12% increase in operating income margin (as a percent) 0.75%  
Royalty charges $ 5.5 4.1
Increase in special mining tax rate for each 5% increase up to 85% increase in operating income margin (as a percent) 0.40%  
Increment in operating income margin (as a percent) 5.00%  
Accrued special mining tax $ 5.9 0.4
Peru | Minimum    
Income Taxes    
Mining royalty tax (as a percent) 1.00%  
Royalty charge assessed as a percentage of net sales 1.00%  
Special mine tax (as a percent) 2.00%  
Increment in operating income margin (as a percent) 2.00%  
Peru | Maximum    
Income Taxes    
Mining royalty tax (as a percent) 12.00%  
Operating income margin for royalty tax (as a percent) 10.00%  
Increment in operating income margin for royalty tax (as a percent) 12.00%  
Special mine tax (as a percent) 8.40%  
Operating income margin (as a percent) 10.00%  
Increment in operating income margin (as a percent) 85.00%  
Mexico    
Income Taxes    
Mexican royalty $ 21.4 $ 9.3
Mining royalty tax (as a percent) 7.50%  
Additional royalty tax over net sales from sales of gold, silver and platinum (as a percent) 0.50%  
Royalty expense paid $ 54.3  
2016 | Peru    
Income Taxes    
Income Tax Rate (as a percent ) 28.00%  
Dividend Tax Rate 6.80%  
2017 and later | Peru    
Income Taxes    
Income Tax Rate (as a percent ) 29.50%  
Dividend Tax Rate 5.00%