FREEPORT-MCMORAN INC
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
FCX$60.31-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity (Unaudited)
THREE MONTHS ENDED SEPTEMBER 30
| Stockholders’ Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Accum-ulated Deficit · Accumu-latedOther Compre-hensiveLoss · Common StockHeld in Treasury · TotalStock-holders’ Equity | ||||||||||
| NumberofShares · At ParValue · Capital inExcess ofPar Value · NumberofShares · AtCost · Non-controllingInterests · TotalEquity | ||||||||||
| (In Millions) | ||||||||||
| Balance at June 30, 2024 | 1,624 | $162 | $24,321 | $(970) | $(274) | 186 | $(5,835) | $17,404 | $11,282 | $28,686 |
| Exercised and issued stock-based awards | — | — | 1 | — | — | — | — | 1 | — | 1 |
| Stock-based compensation, including the tender of shares | — | — | 13 | — | — | — | — | 13 | 1 | 14 |
| Treasury stock purchases | — | — | — | — | — | 1 | (59) | (59) | — | (59) |
| Acquisition of additional ownership interest in Cerro Verde | — | — | (125) | — | — | — | — | (125) | (90) | (215) |
| Dividends | — | — | (216) | — | — | — | — | (216) | (584) | (800) |
| Change in consolidated subsidiary ownership interests | — | — | 3 | — | — | — | — | 3 | (1) | 2 |
| Net income attributable to common stockholders | — | — | — | 526 | — | — | — | 526 | — | 526 |
| Net income attributable to noncontrolling interests | — | — | — | — | — | — | — | — | 710 | 710 |
| Other comprehensive income | — | — | — | — | 1 | — | — | 1 | — | 1 |
| Balance at September 30, 2024 | 1,624 | $162 | $23,997 | $(444) | $(273) | 187 | $(5,894) | $17,548 | $11,318 | $28,866 |
| Stockholders’ Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Accum-ulated Deficit · Accumu-latedOther Compre-hensiveLoss · Common StockHeld in Treasury · TotalStock-holders’ Equity | ||||||||||
| NumberofShares · At ParValue · Capital inExcess ofPar Value · NumberofShares · AtCost · Non-controllingInterests · TotalEquity | ||||||||||
| (In Millions) | ||||||||||
| Balance at June 30, 2023 | 1,618 | $162 | $25,028 | $(2,901) | $(318) | 184 | $(5,769) | $16,202 | $9,825 | $26,027 |
| Exercised and issued stock-based awards | — | — | 7 | — | — | — | — | 7 | — | 7 |
| Stock-based compensation, including the tender of shares | — | — | 14 | — | — | — | (3) | 11 | — | 11 |
| Dividends | — | — | (216) | — | — | — | — | (216) | (116) | (332) |
| Net income attributable to common stockholders | — | — | — | 454 | — | — | — | 454 | — | 454 |
| Net income attributable to noncontrolling interests | — | — | — | — | — | — | — | — | 510 | 510 |
| Other comprehensive income (loss) | — | — | — | — | 1 | — | — | 1 | (1) | — |
| Balance at September 30, 2023 | 1,618 | $162 | $24,833 | $(2,447) | $(317) | 184 | $(5,772) | $16,459 | $10,218 | $26,677 |
CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) (continued)
NINE MONTHS ENDED SEPTEMBER 30
| Stockholders’ Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Accum-ulated Deficit · Accumu-latedOther Compre-hensiveLoss · Common StockHeld in Treasury · TotalStock-holders’ Equity | ||||||||||
| NumberofShares · At ParValue · Capital inExcess ofPar Value · NumberofShares · AtCost · Non-controllingInterests · TotalEquity | ||||||||||
| (In Millions) | ||||||||||
| Balance at December 31, 2023 | 1,619 | $162 | $24,637 | $(2,059) | $(274) | 184 | $(5,773) | $16,693 | $10,617 | $27,310 |
| Exercised and issued stock-based awards | 5 | — | 54 | — | — | 1 | — | 54 | — | 54 |
| Stock-based compensation, including the tender of shares | — | — | 77 | — | — | 1 | (62) | 15 | (2) | 13 |
| Treasury stock purchases | — | — | — | — | — | 1 | (59) | (59) | — | (59) |
| Acquisition of additional ownership interest in Cerro Verde | — | — | (125) | — | — | — | — | (125) | (90) | (215) |
| Dividends | — | — | (649) | — | — | — | — | (649) | (1,269) | (1,918) |
| Change in consolidated subsidiary ownership interests | — | — | 3 | — | — | — | — | 3 | (1) | 2 |
| Net income attributable to common stockholders | — | — | — | 1,615 | — | — | — | 1,615 | — | 1,615 |
| Net income attributable to noncontrolling interests | — | — | — | — | — | — | — | — | 2,063 | 2,063 |
| Other comprehensive income | — | — | — | — | 1 | — | — | 1 | — | 1 |
| Balance at September 30, 2024 | 1,624 | $162 | $23,997 | $(444) | $(273) | 187 | $(5,894) | $17,548 | $11,318 | $28,866 |
| Stockholders’ Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Accum-ulated Deficit · Accumu-latedOther Compre-hensiveLoss · Common StockHeld in Treasury · TotalStock-holders’ Equity | ||||||||||
| NumberofShares · At ParValue · Capital inExcess ofPar Value · NumberofShares · AtCost · Non-controllingInterests · TotalEquity | ||||||||||
| (In Millions) | ||||||||||
| Balance at December 31, 2022 | 1,613 | $161 | $25,322 | $(3,907) | $(320) | 183 | $(5,701) | $15,555 | $9,316 | $24,871 |
| Exercised and issued stock-based awards | 5 | 1 | 62 | — | — | — | — | 63 | — | 63 |
| Stock-based compensation, including the tender of shares | — | — | 74 | — | — | 1 | (71) | 3 | (1) | 2 |
| Dividends | — | — | (649) | — | — | — | — | (649) | (407) | (1,056) |
| Contributions from noncontrolling interests | — | — | 24 | — | — | — | — | 24 | 26 | 50 |
| Net income attributable to common stockholders | — | — | — | 1,460 | — | — | — | 1,460 | — | 1,460 |
| Net income attributable to noncontrolling interests | — | — | — | — | — | — | — | — | 1,284 | 1,284 |
| Other comprehensive income | — | — | — | — | 3 | — | — | 3 | — | 3 |
| Balance at September 30, 2023 | 1,618 | $162 | $24,833 | $(2,447) | $(317) | 184 | $(5,772) | $16,459 | $10,218 | $26,677 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.