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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONSOLIDATED STATEMENTS OF EARNINGS      
Net sales (including sales to related parties, see Note 17) $ 7,285.6 $ 7,096.7 $ 6,654.5
Operating cost and expenses:      
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) 3,606.4 3,409.0 3,252.8
Selling, general and administrative 131.8 102.6 93.1
Depreciation, amortization and depletion 764.4 674.3 671.1
Exploration 30.0 29.6 28.8
Environmental remediation     (10.2)
Total operating costs and expenses 4,532.6 4,215.5 4,035.6
Operating income 2,753.0 2,881.2 2,618.9
Interest expense (372.9) (360.9) (357.4)
Capitalized interest 32.2 83.8 51.4
Other income (expense) (7.0) (30.7) (15.7)
Interest income 21.2 16.0 5.5
Income before income taxes 2,426.5 2,589.4 2,302.7
Income taxes (including royalty taxes, see Note 7) 966.3 1,105.0 951.7
Deferred income taxes (21.0) (51.5) 641.7
Net income before equity earnings of affiliate 1,481.2 1,535.9 709.3
Equity earnings (loss) of affiliate, net of income tax 10.7 12.3 23.1
Net income 1,491.9 1,548.2 732.4
Less: Net income attributable to the non-controlling interest 6.1 5.2 3.9
Net income attributable to SCC $ 1,485.8 $ 1,543.0 $ 728.5
Per common share amounts attributable to SCC:      
Net earnings-basic and diluted $ 1.92 $ 2.00 $ 0.94
Weighted average shares outstanding-basic and diluted 773.1 773.0 773.0