XML 426 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1Close
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Sales (Note 5) $ 11,812 $ 11,915 $ 12,222
Costs and expenses:      
Costs applicable to sales [1] 6,699 6,468 5,435
Depreciation and amortization 2,108 2,185 2,323
Reclamation and remediation (Note 6) 1,533 921 1,846
Exploration 265 231 209
Advanced projects, research and development 200 229 154
General and administrative 299 276 259
Impairment charges (Note 7) 1,891 1,320 25
Loss on assets held for sale (Note 1) 0 0 571
Other expense, net (Note 8) 517 82 143
Total costs and expenses 13,512 11,712 10,965 Close
Other income (expense):      
Other income (loss), net (Note 9) (88) (27) 125
Interest expense, net of capitalized interest of $89, $69 and $38, respectively (243) (227) (274)
Total other income (expense) (331) (254) (149) Close
Income (loss) before income and mining tax and other items (2,031) (51) 1,108 Close
Income and mining tax benefit (expense) (Note 10) (526) (455) (1,098)
Equity income (loss) of affiliates (Note 15) 63 107 166 Close
Net income (loss) from continuing operations (2,494) (399) 176
Net income (loss) from discontinued operations (Note 1) 27 30 57 Close
Net income (loss) (2,467) (369) 233 Close
Net loss (income) attributable to noncontrolling interests (Note 1) (27) (60) 933
Net income (loss) attributable to Newmont stockholders (2,494) (429) 1,166
Net income (loss) attributable to Newmont stockholders:      
Continuing operations (2,521) (459) 1,109
Discontinued operations 27 30 57
Net income (loss) attributable to Newmont stockholders $ (2,494) $ (429) $ 1,166
Weighted average common shares:      
Basic (in shares) 841 794 799
Effect of employee stock-based awards (in shares) 0 1 2
Diluted (in shares) 841 795 801
Basic:      
Continuing operations (in dollars per share) $ (3.00) $ (0.58) $ 1.39
Discontinued operations (in dollars per share) 0.03 0.04 0.07
Net income (loss) per common share, basic (in dollars per share) (2.97) (0.54) 1.46
Diluted      
Continuing operations (in dollars per share) [2] (3.00) (0.58) 1.39
Discontinued operations (in dollars per share) [2] 0.03 0.04 0.07
Net income (loss) per common share, diluted (in dollars per share) $ (2.97) $ (0.54) $ 1.46
[1] Excludes Depreciation and amortization and Reclamation and remediation.
[2] For the years ended December 31, 2023 and 2022, potentially dilutive shares were excluded in the computation of diluted loss per common share attributable to Newmont stockholders as they were antidilutive.