SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2018

Capital Expenditures Information



	Segment Capital Expenditures¹
	As at December 31, 2018		As at December 31, 2017
Barrick Nevada		$581		$585
Turquoise Ridge	62		36
Pueblo Viejo	145		114
Veladero	143		173
Lagunas Norte	22		25
Acacia	93		148
Pascua-Lama	39		6
Other Mines	314		259
Segment total		$1,399		$1,346
Other items not allocated to segments	44		36
Total		$1,443		$1,382


¹	Segment capital expenditures are presented for internal management reporting purposes on an accrual basis. Capital expenditures in the consolidated statements of cash flow are presented on a cash basis. In 2018, cash expenditures were $1,400 million (2017: $1,396 million) and the increase in accrued expenditures was $43 million (2017: $14 million decrease).

Consolidated Statements of Income Information



			Cost of Sales
For the year ended December 31, 2018	Revenue		Direct mining, royalties and community relations		Depreciation		Exploration, evaluation and project expenses		Other expenses (income)¹			Segment income (loss)
Barrick Nevada		$2,655		$1,066		$649		$36		$14			$890
Turquoise Ridge	331		178		28		—		(1		)	126
Pueblo Viejo²	1,333		547		185		21		1			579
Veladero	366		189		121		2		1			53
Lagunas Norte	332		291		46		2		6			(13		)
Acacia²	664		367		89		—		37			171
Pascua-Lama	—		—		11		77		7			(95		)
Other Mines³	1,562		1,117		305		12		30			98
		$7,243		$3,755		$1,434		$150		$95			$1,809

Consolidated Statements of Income Information



			Cost of Sales
For the year ended December 31, 2017	Revenue		Direct mining, royalties and community relations		Depreciation		Exploration, evaluation and project expenses		Other expenses (income)¹			Segment income (loss)
Barrick Nevada		$2,961		$1,076		$793		$24		$16			$1,052
Turquoise Ridge	280		131		28		—		2			119
Pueblo Viejo²	1,417		501		229		—		16			671
Veladero	591		291		119		3		5			173
Lagunas Norte	514		177		68		4		6			259
Acacia²	751		362		107		—		91			191
Pascua-Lama	—		—		8		125		(10		)	(123		)
Other Mines³	1,860		1,086		267		12		31			464
		$8,374		$3,624		$1,619		$168		$157			$2,806


¹	Includes accretion expense, which is included with finance costs in the consolidated statements of income. For the year ended December 31, 2018, accretion expense was $74 million (2017: $55 million).


²	Includes non-controlling interest portion of revenues, cost of sales and segment income for the year ended December 31, 2018, for Pueblo Viejo, $535 million, $289 million, $237 million (2017: $567 million, $285 million, $276 million) and Acacia, $240 million, $164 million, $63 million (2017: $271 million, $169 million, $69 million).


³	Includes cost of sales of Pierina for the year ended December 31, 2018 of $116 million (2017: $174 million).

Reconciliation of Segment Income to Income from Continuing Operations Before Income Taxes



For the years ended December 31	2018			2017
Segment income		$1,809			$2,806
Other cost of sales/amortization¹	(31		)	(57		)
Exploration, evaluation and project expenses not attributable to segments	(233		)	(186		)
General and administrative expenses	(265		)	(248		)
Other (expense) income not attributable to segments	(69		)	901
Impairment charges (reversals)	(900		)	212
Loss on currency translation	(136		)	(72		)
Closed mine rehabilitation	13			(55		)
Income from equity investees	46			76
Finance costs, net (includes non-segment accretion)²	(471		)	(636		)
Gain on non-hedge derivatives³	—			6
Income before income taxes		($237	)		$2,747


¹	Includes realized hedge losses of $4 million (2017: $27 million losses).


²	Includes debt extinguishment losses of $29 million (2017: $127 million losses).


³	Includes unrealized non-hedge losses of $1 million (2017: $1 million gains).

Geographic Information


¹	Presented based on the location from which the product originated.