Freeport-McMoRan Inc. Financial Statements — FCX Stock

Income Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	15,040	18,982	20,880	18,010	20,921	20,001	14,607	14,830	16,403	18,628	14,402	14,198	22,845	22,780	22,855
+ Sales & Services Revenue	15,040	18,982	20,880	18,010	20,921	20,001	14,607	14,830	16,403	18,628	14,402	14,198	22,845	22,780	22,855
- Cost of Revenue	8,139	9,371	10,920	11,561	14,637	18,494	27,415	17,534	11,980	13,466	13,125	11,655	14,030	15,089	15,695
+ Cost of Goods & Services	8,139	9,371	10,920	11,561	14,637	18,494	27,415	17,534	11,980	13,466	13,125	11,655	14,030	15,089	15,695
Gross Profit	6,901	9,611	9,960	6,449	6,284	1,507	-12,808	-2,704	4,423	5,162	1,277	2,543	8,815	7,691	7,160
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	321	543	820	694	933	805	743	674	814	616	603	579	529	656	935
+ Selling, General & Admin	321	381	415	431	657	580	558	597	477	422	394	370	383	420	479
+ Research & Development	90	- -	271	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-90	162	134	263	276	225	185	77	337	194	209	209	146	236	456
Operating Income (Loss)	6,580	9,068	9,140	5,755	5,351	702	-13,551	-3,378	3,609	4,546	674	1,964	8,286	7,035	6,225
- Non-Operating (Income) Loss	764	556	322	268	438	1,502	577	94	707	654	368	167	627	320	219
+ Interest Expense, Net	586	462	312	186	518	606	617	755	801	945	620	598	602	560	515
+ Interest Expense	586	462	312	186	518	606	617	755	801	945	620	598	602	560	515
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	178	94	10	82	-80	896	-40	-661	-94	-291	-252	-431	25	-240	-296
Pretax Income	5,816	8,512	8,818	5,487	4,913	-800	-14,128	-3,472	2,902	3,892	306	1,797	7,659	6,715	6,006
- Income Tax Expense (Benefit)	2,307	2,983	3,087	1,510	1,475	225	-1,951	371	883	991	510	944	2,299	2,267	2,270
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3,534	5,544	5,747	3,980	3,441	-1,022	-12,180	-3,832	2,029	2,909	-192	865	5,365	4,479	3,751
- Net Extraordinary Losses (Gains)	1,570	2,416	2,374	1,878	1,522	769	121	773	490	599	97	532	2,118	2,022	3,806
+ Discontinued Operations	- -	- -	- -	- -	- -	277	91	-193	66	-15	3	- -	- -	- -	- -
+ Extraord. & Accounting Changes	1,570	2,416	2,374	1,878	1,522	492	30	966	424	614	94	532	2,118	2,022	3,806
Income (Loss) Incl. MI	1,964	3,128	3,373	2,102	1,919	-1,791	-12,301	-4,605	1,539	2,310	-289	333	3,247	2,457	-55
- Minority Interest	-785	-1,208	-1,187	-939	-761	-523	-106	-290	-278	-292	-50	-266	-1,059	-1,011	-1,903
Net Income, GAAP	2,749	4,336	4,560	3,041	2,680	-1,268	-12,195	-4,315	1,817	2,602	-239	599	4,306	3,468	1,848
- Preferred Dividends	222	63	- -	- -	22	43	41	-161	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2,527	4,273	4,560	3,041	2,658	-1,311	-12,236	-4,154	1,817	2,602	-239	599	4,306	3,468	1,848
Basic Weighted Avg Shares	828	916	947	949	1,002	1,039	1,082	1,318	1,447	1,449	1,451	1,458	1,457	1,430	1,435
Basic EPS, GAAP	3.05	4.66	4.82	3.2	2.65	-1.26	-11.31	-3.15	1.26	1.8	-0.16	0.41	2.96	2.43	1.29
Basic EPS from Cont Ops	4.27	6.05	6.07	4.19	3.43	-0.98	-11.26	-2.91	1.4	2.01	-0.13	0.59	3.68	3.13	2.61
Diluted Weighted Avg Shares	938	948	955	954	1,006	1,039	1,082	1,318	1,454	1,458	1,451	1,461	1,482	1,451	1,443
Diluted EPS, GAAP	2.69	4.51	4.77	3.19	2.64	-1.26	-11.31	-3.15	1.25	1.78	-0.16	0.41	2.91	2.39	1.28
Diluted EPS from Cont Ops	3.77	5.85	6.02	4.17	3.42	-0.98	-11.26	-2.91	1.4	2	-0.13	0.59	3.62	3.09	2.6
EBITDA	7,717	10,104	10,162	6,934	8,148	4,565	-10,054	-768	5,323	6,300	2,086	3,492	10,284	9,054	8,293
EBITDA Margin (%)	51.31	53.23	48.67	38.5	38.95	22.82	-68.83	-5.18	32.45	33.82	14.48	24.6	45.02	39.75	36.29
EBITA	6,580	9,068	9,140	5,755	5,351	702	-13,551	-3,378	3,609	4,546	674	1,964	8,286	7,035	6,225
EBIT	6,580	9,068	9,140	5,755	5,351	702	-13,551	-3,378	3,609	4,546	674	1,964	8,286	7,035	6,225
Gross Margin (%)	45.88	50.63	47.7	35.81	30.04	7.53	-87.68	-18.23	26.96	27.71	8.87	17.91	38.59	33.76	31.33
Operating Margin (%)	43.75	47.77	43.77	31.95	25.58	3.51	-92.77	-22.78	22	24.4	4.68	13.83	36.27	30.88	27.24
Profit Margin (%)	18.28	22.84	21.84	16.89	12.81	-6.34	-83.49	-29.1	11.08	13.97	-1.66	4.22	18.85	15.22	8.09
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.28	1.07	1.5	1.19	2.28	1.26	0.56	- -	- -	0.15	0.2	0.05	0.23	0.61	0.6
Depreciation Expense	1,137	1,036	1,022	1,179	2,797	3,863	3,497	2,610	1,714	1,754	1,412	1,528	1,998	2,019	2,068

Balance Sheet	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	7,433	9,851	10,047	10,297	9,972	9,045	7,462	10,435	10,626	10,464	7,915	9,303	14,830	15,613	14,065
+ Cash, Cash Equivalents & STI	2,656	3,738	4,822	3,705	1,985	464	177	4,245	4,526	4,217	2,020	3,657	8,068	8,146	4,758
+ Cash & Cash Equivalents	2,656	3,738	4,822	3,705	1,985	464	177	4,245	4,526	4,217	2,020	3,657	8,068	8,146	4,758
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	1,803	2,425	1,142	1,629	2,562	2,563	2,129	2,005	1,665	1,322	1,167	1,412	1,742	1,795	1,664
+ Accounts Receivable, Net	1,664	2,327	892	927	1,728	953	645	1,126	1,322	829	741	892	1,168	1,336	1,209
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	139	98	250	702	834	1,610	1,484	879	343	493	426	520	574	459	455
+ Inventories	2,870	3,434	3,869	4,576	5,018	5,361	4,075	3,642	4,149	4,503	4,073	3,893	4,497	5,180	6,060
+ Raw Materials	1,093	1,169	2,904	3,413	3,673	4,088	3,334	2,899	3,010	2,985	3,110	2,974	3,375	3,790	4,057
+ Work In Process	- -	- -	187	252	199	174	108	114	154	192	124	174	195	221	221
+ Finished Goods	1,110	1,409	778	911	1,146	1,099	633	629	985	1,326	839	745	927	1,169	1,782
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	667	856	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	104	254	214	387	407	657	1,081	543	286	422	655	341	523	492	1,583
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	18,563	19,535	22,023	25,143	53,501	49,629	39,115	26,882	26,676	31,752	32,894	32,841	33,192	35,480	38,441
+ Property, Plant & Equip, Net	16,195	16,785	18,449	20,999	47,401	45,537	31,266	23,293	22,994	28,010	29,584	29,818	30,345	32,627	35,295
+ Property, Plant & Equip	21,788	23,379	25,975	31,007	58,965	64,161	64,954	63,463	64,796	71,105	73,357	74,883	77,018	80,900	84,567
- Accumulated Depreciation	5,593	6,594	7,526	10,008	11,564	18,624	33,688	40,170	41,802	43,095	43,773	45,065	46,673	48,273	49,272
+ LT Investments & Receivables	- -	- -	658	632	178	328	327	303	262	316	303	295	232	262	304
+ LT Investments	- -	- -	658	632	178	328	327	303	262	316	303	295	232	262	304
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2,368	2,750	2,916	3,512	5,922	3,764	7,522	3,286	3,420	3,426	3,007	2,728	2,615	2,591	2,842
+ Total Intangible Assets	347	328	325	334	2,296	334	316	305	307	398	402	401	412	416	422
+ Goodwill	- -	- -	- -	- -	1,916	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	347	328	325	334	380	334	316	305	307	398	402	401	412	416	422
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2,021	2,422	2,591	3,178	3,626	3,430	7,206	2,981	3,113	3,028	2,605	2,327	2,203	2,175	2,420
Total Assets	25,996	29,386	32,070	35,440	63,473	58,674	46,577	37,317	37,302	42,216	40,809	42,144	48,022	51,093	52,506
+ Payables & Accruals	2,024	2,804	2,348	2,471	3,744	4,187	3,089	2,301	2,875	2,785	2,643	2,838	4,837	4,731	4,359
+ Accounts Payable	890	1,272	1,353	1,568	2,144	2,439	2,251	1,540	1,546	1,661	1,654	1,473	2,035	2,701	2,466

Freeport-McMoRan Inc.

Income Statement

Balance Sheet