NEWMONT CORP /DE/ NEM Income Statement

Newmont corp /de/ (NEM)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Sales - gold, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,281	1,320
Sales - copper, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	183
Sales (Note 5)
2,581	2,967	2,713	2,257	1,803	2,048	1,726	1,662	1,817	1,935	1,879	1,875	1,690	1,758	1,791	1,669	1,462	645	1,560	1,908	1,972	1,544	1,746	1,765	1,764	2,188	2,020	2,018	2,188	2,572	2,480	2,229	2,683	2,848	2,744	2,384	2,465	2,548	2,597	2,153	2,242	2,518	2,049	1,602	1,536	1,371	1,503
Costs and expenses:
Costs applicable to sales - gold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	692	645
Costs applicable to sales - copper
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	104
Costs applicable to sales
-	-	-	-	-	-	-	-	1,029	-	1,053	999	957	1,002	983	902	851	609	925	1,027	1,027	591	1,185	1,060	1,083	1,482	1,078	1,682	1,057	1,227	1,088	1,002	1,017	1,108	1,008	917	940	876	891	848	869	808	765	696	739	-	-
Depreciation and amortization
565	613	548	487	312	336	299	279	301	323	328	310	300	312	335	281	276	264	292	276	289	166	318	306	298	381	299	415	267	281	272	248	231	260	270	250	256	248	242	231	224	240	199	176	191	186	183
Advanced projects, research and development
27	48	43	32	27	46	37	36	34	44	41	32	26	29	34	44	27	34	31	33	28	39	36	42	42	57	67	46	52	90	74	82	102	126	93	86	68	67	46	57	46	35	27	42	31	44	39
General and administrative
65	89	84	81	59	63	59	63	59	66	58	58	55	55	63	62	53	56	59	68	58	99	45	48	45	45	48	54	56	50	51	57	54	53	50	50	45	45	45	43	45	41	39	40	39	37	37
Impairment of long-lived assets (Note 8)
-	-	3	-	-	-	366	-	-	-	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-downs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	2,261	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense, net (Note 7)
53	55	35	137	68	0	5	13	11	0	1	14	17	4	21	15	18	45	27	27	17	-87	63	64	52	39	84	77	100	72	131	126	120	69	36	87	73	61	50	61	89	108	65	112	73	69	118
Total costs and expenses
2,124	2,448	2,255	2,245	1,515	1,674	1,840	1,447	1,502	1,638	1,555	1,507	1,420	2,557	1,500	1,363	1,276	1,283	1,390	1,505	1,475	959	1,711	1,582	1,574	4,169	1,659	4,629	1,609	1,866	1,748	1,637	1,628	3,852	1,567	1,522	1,458	1,379	1,359	1,306	1,329	1,304	1,160	1,129	1,126	1,180	1,192
Other income (expense):
Gain on asset and investment sales (Note 4, Note 17)
593	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on formation of Nevada Gold Mines (Note 4)
-	-	2,366	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net (Note 8)
-189	162	31	90	44	-42	37	139	21	22	10	31	-9	-24	-4	1	96	5	142	-23	11	30	79	3	46	194	214	-20	-39	347	-15	-35	-19	-42	-141	-15	-34	-57	-61	-25	-27	-10	15	-14	-23	31	-16
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	290	50	26	-	52	36	33	9	-76	48	31	12	5	44	48	45	25	9	9	66	19
Interest expense, net of capitalized interest
-82	-84	-77	-82	-58	-54	-51	-49	-53	-54	-56	-64	-67	-69	-64	-66	-74	-56	-74	-82	-85	-54	-89	-94	-93	-92	-76	-70	-65	-163	-67	-71	52	-437	65	63	65	69	66	69	75	55	10	23	32	35	35
Total other income (expense)
322	101	2,320	8	-13	-96	-14	90	-32	-32	-46	-33	-76	-93	-68	-65	22	-51	68	-105	-74	-24	-10	-91	-47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income and mining tax and other items
779	620	2,778	20	275	278	-128	305	283	265	278	335	194	-889	223	241	208	-689	238	298	423	561	25	92	143	-2,090	575	-2,631	540	804	717	557	1,036	-1,046	1,036	847	973	1,112	1,177	822	886	1,204	904	459	387	222	295
Income and mining tax benefit (expense) (Note 9)
-23	129	558	20	125	260	3	18	105	777	73	166	111	22	90	238	227	-20	61	152	193	226	-47	-53	78	-809	161	-287	180	130	228	175	343	-116	371	187	305	72	360	283	141	335	253	136	105	6	-42
Equity income (loss) of affiliates (Note 10)
37	42	32	26	-5	-8	-9	-7	-9	-12	1	-3	-2	-5	2	-5	-5	-11	-18	-7	-9	-	-	2	-	1	1	-3	-4	-12	-9	-11	-19	-1	10	0	2	10	-3	-2	-2	-2	-6	-3	-5	-1	0
Net income (loss) from continuing operations
839	533	2,252	26	145	10	-140	280	169	-524	206	166	81	-916	135	-2	-24	-680	159	139	221	329	72	147	65	-1,280	415	-2,347	356	662	480	371	674	-931	675	660	670	-	814	537	-	-	645	320	-	215	337
Net income (loss) from discontinued operations (Note 11)
-15	28	-48	-26	-26	5	16	18	22	7	-7	-15	-23	98	-448	64	159	298	126	9	8	-268	3	-2	-17	-	-21	74	-	28	-33	0	-71	0	0	-136	0	-	0	0	-	-	0	-14	-	7	2
Net income (loss)
824	561	2,204	0	119	15	-124	298	191	-517	199	151	58	-818	-313	62	135	-382	285	148	229	61	75	145	48	-1,272	394	-2,273	356	690	447	371	603	-931	675	524	670	1,022	814	537	743	865	645	306	277	222	339
Net loss (income) attributable to noncontrolling interests:
Continuing operations
-	-	26	25	-	13	21	6	-1	-	-	-	-	-523	-34	-16	-12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (Note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	45	79	55	95	-	66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss (income) attributable to noncontrolling interests (Note 12)
2	-4	26	25	32	13	21	6	-1	25	-7	-24	11	-478	45	39	83	-114	66	76	46	46	-138	-35	-52	-85	-4	-214	42	24	80	92	113	131	182	137	156	210	277	155	197	307	257	144	88	31	68
Net income (loss) attributable to Newmont stockholders
822	565	2,178	-25	87	2	-145	292	192	-542	206	175	47	-340	-358	23	52	-268	219	72	183	15	213	180	100	-1,187	398	-2,059	314	666	367	279	490	-1,062	493	387	514	812	537	382	546	558	388	162	189	191	271
Net income (loss) attributable to Newmont stockholders:
Continuing operations
837	537	2,226	1	113	-3	-161	274	170	-549	213	190	70	-393	169	14	-12	-410	159	63	175	141	210	182	117	-1,195	419	-2,133	314	638	400	279	561	-1,062	493	523	514	-	537	382	-	-	388	171	-	182	270
Discontinued operations
-15	28	-48	-26	-26	5	16	18	22	7	-7	-15	-23	53	-527	9	64	142	60	9	8	-126	3	-2	-17	-	-21	74	-	28	-33	0	-71	0	0	-136	0	-	0	0	-	-	0	-9	-	9	1
Basic:
Continuing operations (in dollars per share)
1.04	1.02	2.72	-0.03	0.21	0.00	-0.31	0.52	0.32	-1.02	0.39	0.36	0.13	-0.74	0.32	0.02	-0.02	-0.80	0.30	0.13	0.35	0.28	0.42	0.37	0.23	-2.39	0.84	-4.29	0.63	1.29	0.81	0.56	1.13	-2.15	1.00	1.06	1.04	-	1.09	0.78	-	-	0.79	0.35	-	0.40	0.60
Discontinued operations (in dollars per share)
-0.02	0.04	-0.06	-0.03	-0.05	0.00	0.04	0.03	0.04	0.01	-0.01	-0.03	-0.04	0.10	-0.99	0.02	0.12	0.27	0.12	0.01	0.02	-0.25	0.01	-0.01	-0.03	-	-0.04	0.15	-	0.06	-0.07	0.00	-0.14	0.00	0.00	-0.28	0.00	-	0.00	0.00	-	-	0.00	-0.02	-	0.02	0.00
Net income (loss) per common share, basic (in dollars per share)
1.02	1.03	2.66	-0.03	0.16	0.00	-0.27	0.55	0.36	-1.01	0.38	0.33	0.09	-0.64	-0.67	0.04	0.10	-0.53	0.42	0.14	0.37	0.03	0.43	0.36	0.20	-2.38	0.80	-4.14	0.63	1.35	0.74	0.56	0.99	-2.15	1.00	0.78	1.04	1.65	1.09	0.78	1.11	-	0.79	0.33	-	0.42	0.60
Diluted:
Continuing operations (in dollars per share)
1.04	1.02	2.71	-0.03	0.21	0.01	-0.31	0.51	0.32	-1.02	0.39	0.36	0.13	-0.73	0.32	0.02	-0.02	-0.80	0.30	0.13	0.35	0.28	0.42	0.37	0.23	-2.39	0.84	-4.29	0.63	1.28	0.81	0.56	1.11	-2.12	0.98	1.04	1.03	-	1.07	0.77	-	-	0.79	0.35	-	0.40	0.59
Discontinued operations (in dollars per share)
-0.02	0.04	-0.06	-0.03	-0.05	0.00	0.04	0.03	0.04	0.01	-0.01	-0.03	-0.04	0.10	-0.99	0.02	0.12	0.27	0.12	0.01	0.02	-0.25	0.01	-0.01	-0.03	-	-0.04	0.15	-	0.06	-0.07	0.00	-0.14	0.00	0.00	-0.27	0.00	-	0.00	0.00	-	-	0.00	-0.02	-	0.02	0.00
Net income (loss) per common share, diluted (in dollars per share)
1.02	1.03	2.65	-0.03	0.16	0.01	-0.27	0.54	0.36	-1.01	0.38	0.33	0.09	-0.63	-0.67	0.04	0.10	-0.53	0.42	0.14	0.37	0.03	0.43	0.36	0.20	-2.38	0.80	-4.14	0.63	1.34	0.74	0.56	0.97	-2.12	0.98	0.77	1.03	1.60	1.07	0.77	1.11	-	0.79	0.33	-	0.42	0.59
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.07	0.05	0.05	0.05	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.15	0.20	0.25	0.35	0.42	0.35	0.35	0.35	0.35	0.35	0.30	0.20	0.15	0.15	0.15	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10
Income per common share, basic and diluted (Note 13)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.40	-	-
Basic weighted-average common shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	454	454
Diluted weighted-average common shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	455	456
Costs applicable to sales
Costs applicable to sales
1,332	-	-	-	978	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs applicable to sales, excluding Depreciation, Exploration and Remediation Expense
Costs applicable to sales (1)
-	-	1,392	1,366	-	1,104	995	965	1,029	-	1,053	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclamation and remediation
Costs applicable to sales (1)
38	115	62	73	30	67	31	37	28	94	26	43	29	108	25	21	21	178	22	26	23	81	20	21	20	25	20	18	18	47	17	16	16	57	6	43	14	21	18	13	13	25	10	12	12	7	8
Exploration
Costs applicable to sales
44	67	88	69	41	55	48	54	40	44	48	51	36	41	39	38	30	41	34	48	33	44	44	41	34	52	60	76	59	47	115	106	88	95	104	89	62	55	67	53	43	40	55	51	41	57	58