XML 26 R5.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,183.6 $ 1,925.1
Short-term investments 410.8 80.7
Accounts receivable trade 1,068.9 832.9
Accounts receivable other (including related parties 2020- $23.3 and 2019 - $30.0) 67.7 78.9
Inventories 950.2 1,068.5
Prepaid taxes 104.8 172.4
Other current assets 29.2 26.2
Total current assets 4,815.2 4,184.7
Property and mine development, net 9,458.7 9,371.0
Ore stockpiles on leach pads 1,125.0 1,230.3
Intangible assets, net 143.0 148.4
Related parties receivable   59.5
Right-of-use assets 979.0 1,046.4
Deferred income tax 230.0 183.9
Equity method investment 114.3 111.9
Other non-current assets 81.3 71.3
Total assets 16,946.5 16,407.4
Current liabilities:    
Current portion of long-term debt   399.8
Accounts payable (including related parties 2020- $104.3 and 2019- $86.4) 594.6 598.3
Accrued income taxes 340.9 116.3
Accrued workers' participation 247.8 174.9
Accrued interest 98.6 96.0
Lease liabilities current 70.6 68.6
Other accrued liabilities 32.3 22.6
Total current liabilities 1,384.8 1,476.5
Long-term debt, net of current portion 6,544.2 6,541.0
Lease liabilities 908.4 977.8
Deferred income taxes 159.4 178.3
Non-current taxes payable   0.7
Other liabilities and reserves 128.7 112.6
Asset retirement obligation 545.0 262.3
Total non-current liabilities 8,285.7 8,072.7
Commitments and contingencies (Note 13)
STOCKHOLDERS' EQUITY (NOTE 14)    
Common stock par value $0.01; shares authorized, 2020 and 2019-2,000; shares issued, 2020 and 2019-884.6 8.8 8.8
Additional paid-in capital 3,441.5 3,424.9
Retained earnings 6,846.4 6,435.6
Accumulated other comprehensive income (8.4) (10.1)
Treasury stock, at cost, common shares (3,063.5) (3,048.9)
Total Southern Copper Corporation stockholders' equity 7,224.8 6,810.3
Non-controlling interest 51.2 47.9
Total equity 7,276.0 6,858.2
Total liabilities and equity $ 16,946.5 $ 16,407.4