For the year ending 2025-12-31, FCX had -$738M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 4,152 | 4,399 | 3,751 | 4,479 |
| Depreciation, depletion and amortization | 2,244 | 2,241 | 2,068 | 2,019 |
| Metals inventory adjustments | - | - | - | 29 |
| Net charges for environmental and asset retirement obligations, including accretion | 291 | 622 | 295 | 369 |
| Net gain on sales of assets | - | - | 0 | 2 |
| Payments for environmental and asset retirement obligations | 244 | 234 | 250 | 274 |
| Stock-based compensation | 121 | 109 | 109 | 95 |
| Talc-related litigation charges-Asbestos Contaminationin Talc Based Personal Care Products | - | 0 | 65 | 0 |
| Net charges for defined pension and postretirement plans | 62 | 35 | 62 | 45 |
| Pension plan contributions | 37 | 78 | 75 | 54 |
| Deferred income taxes | 247 | -76 | 182 | 36 |
| Charges for pt freeport indonesias (ptfi) social investment programs | 86 | 103 | 84 | - |
| Payments for ptfi social investment programs | 65 | 54 | 44 | - |
| Impairment of oil and gas properties | 64 | 69 | 67 | - |
| Charges for talc-related litigation reserves | 4 | - | - | - |
| Net gain on early extinguishment of debt | 0 | 0 | 10 | 31 |
| Payments for cerro verde royalty dispute | - | - | 0 | 0 |
| Changes in deferred profit on ptfi sales to pt smelting | 0 | 0 | -112 | - |
| Other, net | 23 | 53 | -33 | -44 |
| Accounts receivable | 521 | -460 | -166 | -56 |
| Inventories | 709 | 638 | 873 | 573 |
| Other current assets | 55 | 41 | 29 | 12 |
| Accounts payable and accrued liabilities | 802 | 143 | -161 | 0 |
| Accrued income taxes and timing of other tax payments | -855 | 47 | 17 | -999 |
| Net cash provided by (used in) operating activities | 5,610 | 7,160 | 5,279 | 5,139 |
| Capital expenditures-North America Copper Mines Segment | 1,102 | 1,033 | 761 | 597 |
| Capital expenditures-South America Mines Segment | 419 | 375 | 368 | 304 |
| Capital expenditures-Grasberg Segment | 2,358 | 2,908 | 1,696 | 1,575 |
| Capital expenditures-Corporate Other And Eliminations Indonesia Smelter | - | - | 1,715 | 806 |
| Capital expenditures-Molybdenum | 108 | 117 | 84 | 33 |
| Capital expenditures-All Other Segments | 507 | 375 | 200 | 154 |
| Proceeds from sales of assets | - | 19 | 27 | 108 |
| Acquisition of additional ownership interest in cerro verde | 0 | 210 | - | - |
| Loans to pt smelting for expansion | 0 | 28 | 129 | 65 |
| Acquisition of minority interest in pt smelting | - | - | 0 | 0 |
| Other, net | -22 | 1 | 30 | 14 |
| Net cash provided by (used in) investing activities | -4,472 | -5,028 | -4,956 | -3,440 |
| Proceeds from debt | 3,195 | 2,251 | 1,781 | 5,735 |
| Repayments of debt | 2,777 | 2,731 | 2,980 | 4,515 |
| Finance lease payments | 37 | 41 | - | - |
| Common stock | 865 | 865 | 863 | 866 |
| Noncontrolling interests | 1,274 | 1,833 | 625 | 840 |
| Treasury stock purchases | 107 | 59 | 0 | 1,347 |
| Proceeds from exercised stock options | 12 | 29 | 47 | 125 |
| Payments for withholding of employee taxes related to stock-based awards | 23 | 35 | 50 | 55 |
| Contributions from noncontrolling interests | 0 | 0 | 50 | 189 |
| Other, net | 0 | 0 | -10 | -49 |
| Net cash used in financing activities | -1,876 | -3,284 | -2,650 | -1,623 |
| Net decrease in cash and cash equivalents and restricted cash and cash equivalents | -738 | -1,152 | -2,327 | 76 |
| Cash and cash equivalents at beginning of period | 4,911 | 6,063 | 8,390 | 8,314 |
| Cash and cash equivalents at end of period | 4,173 | 4,911 | 6,063 | 8,390 |
FREEPORT-MCMORAN INC (FCX)
FREEPORT-MCMORAN INC (FCX)