XML 38 R64.htm IDEA: XBRL DOCUMENT v3.19.3
SEGMENT AND RELATED INFORMATION: (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2019
USD ($)
segment
Sep. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
Financial information related to segments          
Number of reportable segments | segment     3    
Financial information relating to segments          
Net sales $ 1,859.5 $ 1,723.7 $ 5,431.0 $ 5,402.1  
Cost of sales (exclusive of depreciation, amortization and depletion) 906.5 824.0 2,617.9 2,552.2  
Selling, general and administrative 32.0 26.4 91.4 76.7  
Depreciation, amortization and depletion 200.3 170.6 580.6 495.2  
Exploration 6.9 6.0 19.9 20.3  
Operating income 713.8 696.7 2,121.2 2,257.7  
Interest, net (78.7) (64.8) (232.5) (197.2)  
Other income (expense) (6.3) (7.6) 22.0 (13.1)  
Income taxes (241.0) (257.9) (730.0) (803.6)  
Equity earnings of affiliate 3.5 4.3 4.2 9.9  
Non-controlling interest (1.7) (1.3) (4.7) (3.9)  
Net income attributable to SCC 389.6 369.4 1,180.2 1,249.8  
Capital investment 182.7 282.3 536.1 831.8  
Property and mine development, net 9,395.3 9,311.8 9,395.3 9,311.8 $ 9,403.8
Total assets 16,494.4 14,316.7 16,494.4 14,316.7 $ 14,484.8
Intersegment sales          
Financial information relating to segments          
Net sales (18.6) (17.2) (63.9) (55.6)  
Corporate, other and eliminations          
Financial information relating to segments          
Net sales (18.6) (17.2) (63.9) (55.6)  
Cost of sales (exclusive of depreciation, amortization and depletion) (16.9) (18.8) (70.3) (60.5)  
Selling, general and administrative 1.2 0.2 5.8 1.6  
Depreciation, amortization and depletion 7.1 2.4 29.0 20.8  
Exploration 2.2 2.3 2.5 3.5  
Operating income (12.2) (3.3) (30.9) (21.0)  
Capital investment 2.4 0.7 4.5 19.4  
Property and mine development, net 337.8 553.3 337.8 553.3  
Total assets 2,447.2 465.0 2,447.2 465.0  
Reportable subsegments          
Financial information relating to segments          
Net sales 1,859.5 1,723.7 5,431.0 5,402.1  
Mexican Open-pit | Operating segment          
Financial information relating to segments          
Net sales 982.4 995.1 3,009.1 3,124.9  
Cost of sales (exclusive of depreciation, amortization and depletion) 390.2 398.8 1,194.9 1,214.8  
Selling, general and administrative 19.4 15.8 51.4 41.4  
Depreciation, amortization and depletion 91.1 95.1 263.9 269.5  
Exploration 0.5 0.4 1.4 1.5  
Operating income 481.2 485.0 1,497.5 1,597.7  
Capital investment 59.4 53.7 180.5 197.9  
Property and mine development, net 4,691.2 4,579.5 4,691.2 4,579.5  
Total assets 8,093.3 8,122.7 8,093.3 8,122.7  
Mexican Open-pit | Reportable subsegments | Operating segment          
Financial information relating to segments          
Net sales 982.4 995.1 3,009.1 3,124.9  
Mexican IMMSA Unit | Operating segment          
Financial information relating to segments          
Net sales 106.7 107.3 350.1 409.6  
Cost of sales (exclusive of depreciation, amortization and depletion) 80.7 74.7 285.3 271.2  
Selling, general and administrative 2.0 1.9 6.0 6.8  
Depreciation, amortization and depletion 13.7 11.5 39.9 33.6  
Exploration 2.3 1.1 7.0 3.6  
Operating income 8.0 18.1 11.9 94.4  
Capital investment 32.1 10.2 79.6 32.6  
Property and mine development, net 487.6 433.4 487.6 433.4  
Total assets 839.3 974.1 839.3 974.1  
Mexican IMMSA Unit | Intersegment sales          
Financial information relating to segments          
Net sales 18.6 17.2 63.9 55.6  
Mexican IMMSA Unit | Reportable subsegments | Operating segment          
Financial information relating to segments          
Net sales 88.1 90.1 286.2 354.0  
Peruvian Operations | Operating segment          
Financial information relating to segments          
Net sales 789.0 638.5 2,135.7 1,923.2  
Cost of sales (exclusive of depreciation, amortization and depletion) 452.5 369.3 1,208.0 1,126.7  
Selling, general and administrative 9.4 8.5 28.2 26.9  
Depreciation, amortization and depletion 88.4 61.6 247.8 171.3  
Exploration 1.9 2.2 9.0 11.7  
Operating income 236.8 196.9 642.7 586.6  
Capital investment 88.8 217.7 271.5 581.9  
Property and mine development, net 3,878.7 3,745.6 3,878.7 3,745.6  
Total assets 5,114.6 4,754.9 5,114.6 4,754.9  
Peruvian Operations | Reportable subsegments | Operating segment          
Financial information relating to segments          
Net sales $ 789.0 $ 638.5 $ 2,135.7 $ 1,923.2