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62 FREEPORT- McMoRan COPPER & GOLD INC.
2009 Annual Report
CONSOLIDATED BALANCE SHEETS
Years Ended December 31, 2009 2008
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ASSETS
Current assets:
Cash and cash equivalents $2,656 $ 872
Trade accounts receivable 1,517 374
Income tax receivables 139 611
Other accounts receivable 147 227
Inventories:
Product 1,110 1,028
Materials and supplies, net 1,093 1,124
Mill and leach stockpiles 667 611
Other current assets 104 386
Total current assets 7,433 5,233
Property, plant, equipment and development costs, net 16,195 16,002
Long-term mill and leach stockpiles 1,321 1,145
Intangible assets, net 347 364
Other assets 700 609
Total assets $25,996 $23,353
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable and accrued liabilities $2,038 $2,722
Accrued income taxes 474 163
Current portion of reclamation and environmental obligations 214 162
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Dividends payable 99 44
Current portion of long-term debt and short-term borrowings 16 67
Total current liabilities 3,002 3,158
Long-term debt, less current portion 6,330 7,284
Deferred income taxes 2,503 2,339
Reclamation and environmental obligations, less current portion 1,981 1,951
Other liabilities 1,423 1,520
Total liabilities 15,239 16,252
Equity:
FCX stockholders’ equity:
5½% Convertible Perpetual Preferred Stock, 1 shares issued and outstanding at December 31, 2008 —832
6¾% Mandatory Convertible Preferred Stock, 29 shares issued and outstanding 2,875 2,875
Common stock, par value $0.10, 552 shares and 505 shares issued, respectively 55 51
Capital in excess of par value 15,680 13,989
(JJ\T\SH[LK KLÄJP[ (5,805) (8,267)
Accumulated other comprehensive loss (273) (305)
Common stock held in treasury – 122 shares and 121 shares, at cost, respectively (3,413) (3,402)
Total FCX stockholders’ equity 9,119 5,773
Noncontrolling interests 1,638 1,328
Total equity 10,757 7,101
Total liabilities and equity $25,996 $23,353
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