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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flow from operating activities:    
Net income $ 3,035 $ 4,881
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 856 756
Stock-based compensation 77 92
Pension plans contributions (114) (29)
Charges for reclamation and environmental obligations, including accretion 64 144
Payments for reclamation and environmental obligations (148) (131)
Losses on early extinguishment of debt 168 68
Deferred income taxes 223 419
Increase in long-term mill and leach stockpiles (184) (174)
Other, net 71 (26)
(Increases) decreases in working capital and other tax payments:    
Accounts receivable (603) 1,034
Inventories (581) (266)
Other current assets (33) (152)
Accounts payable and accrued liabilities 78 (101)
Accrued income taxes and other tax payments (400) (641)
Net cash provided by operating activities 2,509 5,874
Capital expenditures:    
North America copper mines (569) (342)
South America (659) (431)
Indonesia (624) (463)
Africa (428) (89)
Molybdenum (197) (317)
Other (41) (107)
Other, net (19) 24
Net cash used in investing activities (2,537) (1,725)
Cash flow from financing activities:    
Proceeds from debt 3,023 37
Repayments of debt (3,179) (1,303)
Cash dividends paid:    
Common stock (832) (1,186)
Noncontrolling interests (76) (350)
Contributions from noncontrolling interests 15 27
Net (payments for) proceeds from stock-based awards (3) 2
Excess tax benefit from stock-based awards 7 23
Other, net (22) (9)
Net cash used in financing activities (1,067) (2,759)
Net (decrease) increase in cash and cash equivalents (1,095) 1,390
Cash and cash equivalents at beginning of year 4,822 3,738
Cash and cash equivalents at end of period $ 3,727 $ 5,128