XML 104 R46.htm IDEA: XBRL DOCUMENT v3.22.0.1

CONCENTRATION OF RISK: (Tables)

12 Months Ended

Dec. 31, 2021

CONCENTRATION OF RISK:

Schedule of concentration risk for cash equivalents and short- term investments

​

​	​	​	​	​	​	​	​	​	​	​
​	​	$ in		​	% of total	​	% in one institution
Country		million			cash (1)		of country		of total cash
United States	​	$	2,690.3		77.1	%	13.6	%	10.5	%
Switzerland	​	​	598.7	​	17.2	%	56.9	%	9.8	%
Peru	​		29.1		0.8	%	43.0	%	0.4	%
Mexico	​		170.8		4.9	%	82.4	%	4.0	%
Total cash and short-term investment	​	$	3,488.9		100.0	%	​	​	​	​

(1) 97.8% of the Company’s cash is in U.S. dollars.

Schedule of company's largest customers as percentage of accounts receivable and total sales

​

​	​	​	​	​	​	​	​
​		2021		2020		2019
Accounts receivable trade as of December 31,	​	​	​	​	​	​	​
Five largest customers		31.3	%	35.3	%	37.6	%
Largest customer		11.8	%	12.9	%	13.0	%
​	​	​	​	​	​	​	​
Total sales in year	​	​	​	​	​	​	​
Five largest customers		25.0	%	28.1	%	28.0	%
Largest customer		7.2	%	10.0	%	10.4	%

X

- Definition

Tabular disclosure of concentration of risk of cash equivalents invested by the entity.

+ References

No definition available.

+ Details

Name:	scco_SchedulesOfConcentrationOfRiskForCashEquivalentsInvestedTableTextBlock
Namespace Prefix:	scco_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RisksAndUncertaintiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13537-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13531-108611

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6327-108592

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 18
-URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=99393423&loc=d3e6442-108592

+ Details

Name:	us-gaap_SchedulesOfConcentrationOfRiskByRiskFactorTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration