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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS        
Net sales (including sales to related parties, see Note 7) $ 1,529.8 $ 1,335.1 $ 3,113.8 $ 2,580.1
Operating cost and expenses:        
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) 804.8 751.6 1,648.6 1,478.5
Selling, general and administrative 22.2 23.6 43.6 49.9
Depreciation, amortization and depletion 171.2 164.5 324.6 299.8
Exploration 5.7 10.3 10.8 20.7
Environmental remediation     (10.2)  
Total operating costs and expenses 1,003.9 950.0 2,017.4 1,848.9
Operating income 525.9 385.1 1,096.4 731.2
Interest expense (89.2) (89.2) (194.9) (179.4)
Capitalized interest 16.2 17.2 31.1 32.4
Other income (expense) 3.1 5.8 7.8 5.4
Interest income 1.3 2.0 2.2 4.2
Income before income taxes 457.3 320.9 942.6 593.8
Income taxes (including royalty taxes, see Note 4) 160.3 102.0 336.6 194.2
Net income before equity earnings of affiliate 297.0 218.9 606.0 399.6
Equity earnings of affiliate, net of income tax 3.5 3.6 9.7 8.7
Net income 300.5 222.5 615.7 408.3
Less: Net income attributable to the non-controlling interest 0.8 0.6 1.6 1.3
Net income attributable to SCC $ 299.7 $ 221.9 $ 614.1 $ 407.0
Per common share amounts attributable to SCC :        
Net earnings - basic and diluted $ 0.39 $ 0.29 $ 0.79 $ 0.53
Dividends paid $ 0.12 $ 0.05 $ 0.20 $ 0.08
Weighted average common shares outstanding - basic and diluted 773.0 773.7 773.0 773.8