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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,252.2 $ 1,151.5
Short-term investments 329.3 599.3
Accounts receivable trade 1,293.9 1,141.1
Accounts receivable other (including related parties 2024- $23.2 and 2023 - $27.3) 101.1 87.2
Inventories 1,014.4 1,016.9
Prepaid taxes 410.6 395.4
Other current assets 39.3 38.1
Total current assets 4,440.8 4,429.5
Property and mine development, net 9,783.2 9,782.9
Ore stockpiles on leach pads 1,132.5 1,121.7
Intangible assets, net 128.8 130.2
Right-of-use assets 757.1 775.4
Deferred income tax 253.2 256.1
Equity method investment 113.9 108.2
Other non-current assets 179.8 121.3
Total assets 16,789.3 16,725.3
Current liabilities:    
Accounts payable (including related parties 2024- $84.4 and 2023- $93.6) 748.5 652.6
Accrued income taxes 142.3 278.3
Accrued workers' participation 192.5 245.7
Accrued interest 127.1 97.1
Lease liabilities current 77.0 78.0
Other accrued liabilities 52.6 36.8
Total current liabilities 1,340.0 1,388.5
Long-term debt 6,255.5 6,254.6
Lease liabilities 680.1 697.4
Deferred income taxes 149.9 132.2
Non-current taxes payable 84.2 92.7
Other liabilities and reserves 55.9 66.2
Asset retirement obligation 617.8 612.5
Total non-current liabilities 7,843.4 7,855.6
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY (NOTE 10)    
Common stock par value $0.01; shares authorized, 2024 and 2023-2,000; shares issued, 2024 and 2023-884.6 8.8 8.8
Additional paid-in capital 3,541.4 3,532.8
Retained earnings 7,156.7 7,033.5
Accumulated other comprehensive income (8.0) (8.0)
Treasury stock, at cost, common shares (3,157.2) (3,149.0)
Total Southern Copper Corporation stockholders' equity 7,541.7 7,418.1
Non-controlling interest 64.2 63.1
Total equity 7,605.9 7,481.2
Total liabilities and equity $ 16,789.3 $ 16,725.3