Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type


FREEPT MC COP-B   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2019201820172016201520142013201220112010
Period End Date12/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/201212/31/201112/31/2010
Revenues14,402.0018,628.0016,403.0014,830.0014,607.0020,001.0020,921.0018,010.0020,880.0018,982.00
Total Revenues14,402.0018,628.0016,403.0014,830.0014,607.0020,001.0020,921.0018,010.0020,880.0018,982.00
Cost of sales : Production and delivery11,514.0011,687.0010,258.0010,687.0010,693.0011,116.0011,837.0010,382.009,898.008,335.00
Cost of sales : Depreciation, depletion and amortization1,412.001,754.001,714.002,530.003,240.003,635.002,797.001,179.001,022.001,036.00
Cost of sales : Lower of cost or market inventory adjustments--------338.006.003.00------
Cost of sales : Impairment of oil and gas properties------4,317.0013,144.003,737.00--------
Cost of sales : Metals inventory adjustments179.004.008.00--------------
Goodwill impairment----------1,717.00--------
Exploration expenses104.00105.0093.0063.00107.00106.00210.00285.00271.00143.00
General and administrative expenses414.00443.00477.00597.00558.00580.00657.00431.00415.00381.00
GAIN ON INSURANCE SETTLEMENT--------------59.00--0.00
Long-lived asset impairments and other charges--------------------
Environmental obligations and shutdown costs(105.00)(89.00)(244.00)(14.00)(78.00)(119.00)(66.00)22.00(134.00)(19.00)
Net gain on sales of assets417.00208.0081.00649.0039.00717.00--------
Total Operating Expenses13,311.0013,874.0012,713.0017,559.0028,119.0020,299.0015,570.0012,196.0011,740.009,914.00
Operating Income (Loss)1,091.004,754.003,690.00(2,729.00)(13,512.00)(298.00)5,351.005,814.009,140.009,068.00
Interest expense, net620.00945.00801.00755.00617.00606.00518.00186.00312.00462.00
Gains on sales of assets--------------------
Gain on investment in McMoRan Exploration Co. (MMR)------------128.00------
Equity in PT Smelting earnings (losses)--------------------
Other income (expense), net(138.00)76.00(8.00)(14.00)1.0031.00(13.00)27.0058.00(13.00)
Losses on early extinguishment and conversion of debt------------(35.00)(168.00)(68.00)(81.00)
Net gain on early extinguishment of debt(27.00)7.0021.0026.00--73.00--------
Income before Income Taxes and Minority Interests306.003,892.002,902.00(3,472.00)(14,128.00)(800.00)4,913.005,487.008,818.008,512.00
Provision for (benefit from) income taxes510.00991.00883.00371.00(1,951.00)225.001,475.001,510.003,087.002,983.00
Indonesian(Current income taxes)--------------------
United States and other(Current income taxes)--------------------
Deferred Indonesian income taxes--------------------
Tax effect of cumulative effect adjustments--------------(205.00)----
Current income taxes : Federal23.00(46.00)3.00164.0089.00(269.00)(203.00)238.00394.00207.00
Current income taxes : State(3.00)(1.00)10.0017.002.00(34.00)(9.00)7.0021.0027.00
Current income taxes : Foreign462.001,445.001,426.00(352.00)(160.00)(1,066.00)(1,081.00)1,002.001,934.002,500.00
Deferred income taxes (benefits) : Federal(48.00)106.00(64.00)137.003,403.00616.00(234.00)87.0082.0020.00
Deferred income taxes (benefits) : State(8.00)8.00(10.00)41.00154.00214.0035.0018.00(19.00)(10.00)
Deferred income taxes (benefits) : Foreign101.00102.00(89.00)(451.00)(163.00)(19.00)(346.00)363.00622.00239.00
Valuation allowance on prior year deferred tax asset--------(1,374.00)--199.00------
Adjustments(12.00)(504.00)(393.00)--------------
Operating loss carryforwards(5.00)(119.00)----------------
Minority interests in net income of consolidated subsidiaries--------------------
Equity in affiliated companies’ net earnings12.008.0010.0011.00(3.00)3.003.003.0016.0015.00
Income from Continuing Operations(192.00)2,909.002,029.00(3,832.00)(12,180.00)(1,022.00)----5,747.00--
Income from discontinued operations, net of taxes3.00(15.00)66.00(193.00)91.00277.00--------
Net income before cumulative effect of change s in accounting principle--------------------
Cumulative effect of change s in accounting principle, net of taxes--------------------
Net Income (loss)(189.00)2,894.002,095.00(4,025.00)(12,089.00)(745.00)3,441.003,980.00--5,544.00
Less- Net income attributable to noncontrolling interests------------761.00939.001,187.001,208.00
Net income attributable to noncontrolling interests:Continuing operations50.00292.00274.00227.0027.00358.00--------
Net income attributable to noncontrolling interests:Discontinued operations----4.0063.0079.00165.00--------
Preferred dividends------(161.00)41.0040.0022.00----63.00
Net income (loss) attributable to FCX common stockholders(239.00)2,602.001,817.00(4,154.00)(12,236.00)(1,308.00)2,658.003,041.004,560.004,273.00
Earnings Per Share (Basic) - Cont Ops(0.17)1.801.21(2.96)(11.32)(1.37)--------
Before cumulative effect--------------------
EPS (Basic) : Disc Ops--(0.01)0.04(0.20)0.010.11--------
Cumulative effect--------------------
Net income (loss) per share attributable to FCX common stockholders: Basic(0.17)1.791.25(3.16)(11.31)(1.26)2.653.204.814.67
Earnings Per Share (Diluted) - Cont Ops(0.17)1.791.21(2.96)(11.32)(1.37)--------
Before cumulative effect--------------------
Earnings Per Share (Diluted) - Disc Ops--(0.01)0.04(0.20)0.010.11--------
Cumulative effect--------------------
Net income (loss) per share attributable to FCX common stockholders: Diluted(0.17)1.781.25(3.16)(11.31)(1.26)2.643.194.784.57
Weighted-average common shares outstanding: Basic1,451.001,449.001,447.001,318.001,082.001,039.001,002.00949.00947.00915.00
Weighted-average common shares outstanding: Diluted1,451.001,458.001,454.001,318.001,082.001,039.001,006.00954.00955.00949.00