| Income Statement for Freeport-McMoRan Copper & Gold, Inc. |
| (Amounts are in millions) |
|
12/2018 |
|
12/2017 |
|
12/2016 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$18,628.00 |
|
$16,403.00 |
|
$14,830.00 |
| Cost of Goods Sold |
|
$13,445.00 |
|
$12,022.00 |
|
$17,580.00 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$5,183.00 |
|
$4,381.00 |
|
($2,750.00) |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$105.00 |
|
$94.00 |
|
$64.00 |
| Selling, General, & Admin. Expense |
|
$324.00 |
|
$654.00 |
|
($22.00) |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$4,754.00 |
|
$3,633.00 |
|
($2,792.00) |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
$83.00 |
|
$70.00 |
|
$75.00 |
| Interest Expense |
|
$945.00 |
|
$801.00 |
|
$755.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$3,892.00 |
|
$2,902.00 |
|
($3,472.00) |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$991.00 |
|
$883.00 |
|
$371.00 |
| Minority Interest |
|
$292.00 |
|
$278.00 |
|
$290.00 |
| Investment Gains (Losses) |
|
$8.00 |
|
$10.00 |
|
$11.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$2,909.00 |
|
$2,029.00 |
|
($3,832.00) |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
($15.00) |
|
$66.00 |
|
($193.00) |
|
|
|
|
|
|
|
| Net Income |
|
$2,602.00 |
|
$1,817.00 |
|
($4,315.00) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$1.79 |
|
$1.25 |
|
($3.16) |
| Diluted Earnings Per Share |
|
$1.78 |
|
$1.25 |
|
($3.16) |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
1,449.00 |
|
1,447.00 |
|
1,318.00 |
| Weighted Average Diluted Shares Outstanding |
|
1,458.00 |
|
1,454.00 |
|
1,318.00 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$2,209.00 |
|
$1,704.00 |
|
$310.00 |
| Income From Non-Recurring Items |
|
$63.00 |
|
$47.00 |
|
($4,142.00) |
| Diluted Earnings Per Share before extras |
|
$1.52 |
|
$1.17 |
|
$0.23 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$217.35 |
|
$0.00 |
|
$0.00 |
| Dividend Per Share (common) |
|
$0.15 |
|
$0.00 |
|
$0.00 |
|
