NEWMONT Corp DE
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Changes in Equity
(in millions, except per share)
| Common Stock · Treasury Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome (Loss) · RetainedEarnings (Accumulated Deficit) · NoncontrollingInterests · TotalEquity · ContingentlyRedeemableNoncontrollingInterest (2) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||||
| Balance at December 31, 2020 | 804 | $1,287 | (4) | $(168) | $18,103 | $(216) | $4,002 | $837 | $23,845 | $34 |
| Net income (loss) | — | — | — | — | — | — | 1,166 | (947) | 219 | 14 |
| Other comprehensive income (loss) | — | — | — | — | — | 83 | — | — | 83 | — |
| Dividends declared (1) | — | — | — | — | — | — | (1,764) | — | (1,764) | — |
| Distributions declared to noncontrolling interests | — | — | — | — | — | — | — | (200) | (200) | — |
| Cash calls requested from noncontrolling interests | — | — | — | — | — | — | — | 101 | 101 | — |
| Repurchase and retirement of common stock | (9) | (15) | — | — | (207) | — | (306) | — | (528) | — |
| Withholding of employee taxes related to stock-based compensation | — | — | (1) | (32) | — | — | — | — | (32) | — |
| Stock options exercised | — | — | — | — | 17 | — | — | — | 17 | — |
| Stock-based awards and related share issuances | 2 | 4 | — | — | 68 | — | — | — | 72 | — |
| Balance at December 31, 2021 | 797 | 1,276 | (5) | (200) | 17,981 | (133) | 3,098 | (209) | 21,813 | 48 |
| Net income (loss) | — | — | — | — | — | — | (429) | 60 | (369) | — |
| Other comprehensive income (loss) | — | — | — | — | — | 162 | — | — | 162 | — |
| Dividends declared (1) | — | — | — | — | — | — | (1,753) | — | (1,753) | — |
| Distributions declared to noncontrolling interests | — | — | — | — | — | — | — | (191) | (191) | — |
| Cash calls requested from noncontrolling interests | — | — | — | — | — | — | — | 120 | 120 | — |
| Withholding of employee taxes related to stock-based compensation | — | — | (1) | (39) | — | — | — | — | (39) | — |
| Acquisition of non-controlling interests | — | — | — | — | (699) | — | — | 399 | (300) | — |
| Reclassification of contingently redeemable non-controlling interests | — | — | — | — | — | — | — | — | — | (48) |
| Stock options exercised | — | — | — | — | 14 | — | — | — | 14 | — |
| Stock-based awards and related share issuances | 2 | 3 | — | — | 73 | — | — | — | 76 | — |
| Balance at December 31, 2022 | 799 | 1,279 | (6) | (239) | 17,369 | 29 | 916 | 179 | 19,533 | — |
| Net income (loss) | — | — | — | — | — | — | (2,494) | 27 | (2,467) | — |
| Other comprehensive income (loss) | — | — | — | — | — | (15) | — | — | (15) | — |
| Shares issued for Newcrest transaction | 358 | 572 | — | — | 12,977 | — | — | — | 13,549 | — |
| Dividends declared (1) | — | — | — | — | — | — | (1,418) | — | (1,418) | — |
| Distributions declared to noncontrolling interests | — | — | — | — | — | — | — | (156) | (156) | — |
| Cash calls requested from noncontrolling interests | — | — | — | — | — | — | — | 128 | 128 | — |
| Withholding of employee taxes related to stock-based compensation | — | — | (1) | (25) | — | — | — | — | (25) | — |
| Stock-based awards and related share issuances | 2 | 3 | — | — | 73 | — | — | — | 76 | — |
| Balance at December 31, 2023 | 1,159 | $1,854 | (7) | $(264) | $30,419 | $14 | $(2,996) | $178 | $29,205 | $— |
(1)Cash dividends paid per common share was $1.60, $2.20 and $2.20 for 2023, 2022 and 2021, respectively. Dividends declared and dividends paid to common stockholders differ by $3, $7, and $7 for 2023, 2022 and 2021, respectively, due to timing.
(2)Sumitomo held a 5% interest in Yanacocha at December 31, 2021 and had the option to require Yanacocha to repurchase their interest for $48 if certain conditions were not met. The Company purchased Sumitomo's 5% interest during 2022. Refer to Note 1 for further information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.