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INCOME TAXES: (Tables)
9 Months Ended
Sep. 30, 2022
INCOME TAXES:  
Schedule of income tax provision and effective income tax rate

The income tax provision and the effective income tax rate for the nine-month periods ended September 30, 2022 and 2021 consisted of (in millions):

    

2022

    

2021

Statutory income tax provision

$

972.7

$

1,387.0

Peruvian royalty

 

24.7

 

70.1

Mexican royalty

 

97.9

 

162.5

Peruvian special mining tax

 

41.7

 

84.2

Total income tax provision

$

1,137.0

$

1,703.8

Effective income tax rate

39.5

%

40.0

%