XML 49 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CONSOLIDATED STATEMENTS OF EARNINGS    
Net sales (including sales to related parties, see Note 6) $ 1,719.7 $ 1,753.4
Operating cost and expenses:    
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) 955.8 844.1
Selling, general and administrative 29.1 28.5
Depreciation, amortization and depletion 192.9 181.6
Exploration 8.6 5.5
Total operating costs and expenses 1,186.4 1,059.7
Operating income 533.3 693.7
Interest expense (101.9) (90.1)
Capitalized interest 5.1 12.3
Other income (expense) (7.4) 5.4
Interest income 7.8 3.7
Income before income taxes 436.9 625.0
Income taxes (including royalty taxes, see Note 5) 221.7 237.9
Net income before equity earnings of affiliate 215.2 387.1
Equity earnings (loss) of affiliate, net of income tax 1.0 2.1
Net income 216.2 389.2
Less: Net income attributable to the non-controlling interest 1.4 1.0
Net income attributable to SCC $ 214.8 $ 388.2
Per common share amounts attributable to SCC:    
Net earnings-basic and diluted $ 0.28 $ 0.50
Dividends declared and paid $ 0.4 $ 0.4
Weighted average shares outstanding-basic and diluted 773.1 773.0