Freeport-McMoRan Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,824	3,923	4,758	8,146	8,068
Cash & Short-Term Investments	3,824	3,923	4,758	8,146	8,068
Cash Growth	-2.52%	-17.55%	-41.59%	0.97%	120.62%
Accounts Receivable	977	578	1,209	1,336	1,168
Other Receivables	686	564	455	459	574
Receivables	1,663	1,142	1,664	1,795	1,742
Inventory	7,493	6,808	6,060	5,180	4,497
Restricted Cash	230	888	1,208	111	114
Other Current Assets	580	535	375	381	409
Total Current Assets	13,790	13,296	14,065	15,613	14,830
Property, Plant & Equipment	40,736	38,514	35,295	32,627	30,345
Long-Term Investments	477	456	207	262	232
Other Intangible Assets	432	428	422	416	412
Other Long-Term Assets	2,732	2,154	2,284	2,074	2,167
Total Assets	58,167	54,848	52,506	51,093	48,022
Accounts Payable	2,948	2,789	2,466	2,701	2,035
Accrued Expenses	1,129	1,100	1,080	1,126	1,088
Current Portion of Long-Term Debt	466	41	766	1,037	372
Current Portion of Leases	103	98	84	38	38
Current Income Taxes Payable	456	859	786	744	1,541
Current Unearned Revenue	106	91	161	76	191
Other Current Liabilities	811	518	472	623	627
Total Current Liabilities	6,019	5,496	5,815	6,345	5,892
Long-Term Debt	8,913	8,907	8,656	9,583	9,078
Long-Term Leases	1,010	692	347	294	281
Pension & Post-Retirement Benefits	770	689	704	775	845
Long-Term Deferred Tax Liabilities	4,622	4,376	4,453	4,269	4,234
Other Long-Term Liabilities	6,067	5,910	5,221	4,956	4,673
Total Liabilities	27,401	26,070	25,196	26,222	25,003
Common Stock	163	162	162	161	160
Additional Paid-In Capital	23,680	23,797	24,637	25,322	25,875
Retained Earnings	1,385	-170	-2,059	-3,907	-7,375
Treasury Stock	-6,024	-5,894	-5,773	-5,701	-4,292
Comprehensive Income & Other	-305	-314	-274	-320	-388
Total Common Equity	18,899	17,581	16,693	15,555	13,980
Minority Interest	11,867	11,197	10,617	9,316	9,039
Shareholders' Equity	30,766	28,778	27,310	24,871	23,019
Total Liabilities & Equity	58,167	54,848	52,506	51,093	48,022
Total Debt	10,492	9,738	9,853	10,952	9,769
Net Cash (Debt)	-6,668	-5,815	-5,095	-2,806	-1,701
Net Cash Per Share	-4.62	-4.02	-3.53	-1.93	-1.15
Filing Date Shares Outstanding	1,437	1,437	1,434	1,431	1,455
Total Common Shares Outstanding	1,436	1,437	1,435	1,430	1,457
Working Capital	7,771	7,800	8,250	9,268	8,938
Book Value Per Share	13.16	12.23	11.63	10.88	9.60
Tangible Book Value	18,467	17,153	16,271	15,139	13,568
Tangible Book Value Per Share	12.86	11.94	11.34	10.59	9.31
Buildings	12,046	10,667	10,165	9,746	9,412
Machinery	27,898	21,917	20,232	19,546	19,004
Construction In Progress	5,523	9,381	6,945	4,419	2,477

Source: S&P Global Market Intelligence. Standard template. Financial Sources.