v3.25.2
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Financial Information of Company's Segments
The financial information relating to the Company’s segments is as follows:
Three Months Ended
June 30, 2025		SalesCosts Applicable to SalesDepreciation and AmortizationReclamation and RemediationAdvanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)(2)
Income (Loss) before Income and Mining Tax and Other Items
Capital Expenditures (3)
Ahafo$657 $201 $49 $2 $15 $(6)$396 $134 
Brucejack161 91 42 2 3 — 23 25 
Red Chris
Gold50 22 6 
Copper67 46 12 
Total Red Chris117 68 18 2 3 (1)27 43 
Peñasquito:
Gold440 100 49 
Silver191 60 29 
Lead43 21 10 
Zinc141 77 32 
Total Peñasquito815 258 120 6 4 29 398 31 
Merian223 122 22 1 13 — 65 11 
Cerro Negro
112 72 26 2 6 6 — 35 
Yanacocha446 119 30 43 3 14 237 4 
Boddington:
Gold476 169 32 
Copper67 38 7 
Total Boddington543 207 39 4 — 14 279 29 
Tanami297 115 31 1 4 16 130 116 
Cadia:
Gold370 88 34 
Copper226 82 35 
Total Cadia596 170 69 2 4 15 336 144 
Lihir517 202 51 4 2 9 249 36 
NGM783 343 106 2 6 — 326 93 
Total Reportable Segments5,267 1,968 603 71 63 96 2,466 701 
Corporate and Other (4)
— — 17 10 38 (129)64 3 
Divested (5)
Porcupine (4)
32 16 — 1 — 112 (97)10 
Akyem18 17 — 1 — (685)685 1 
Consolidated$5,317 $2,001 $620 $83 $101 $(606)$3,118 $715 
____________________________
(1)Other Segment Expenses (Income) for all reportable segments includes Other expense, net and Other income (loss), net. Refer to Notes 7 and 8 respectively, for further information. Additionally, Other Segment Expenses (Income) includes General and administrative, Change in fair value of investments and options, and Interest expense, net of capitalized interest, which are primarily incurred at the non-operating segment Corporate and Other.
(2)Other Segment Expenses (Income) includes (Gain) loss on sale of assets held for sale which primarily consists of gains on the completed sales of Porcupine and Akyem. Refer to Note 3 for further information on the Company's divestitures.
(3)Includes an increase in non-cash adjustments of $41, primarily comprised of the change in accrued capital expenditures. Consolidated capital expenditures on a cash basis were $674.
(4)The Coffee development project disposal group is included in Corporate and Other. Additionally, Corporate and Other contained legacy reclamation related to Porcupine which was divested in the second quarter of 2025. Refer to Note 3 for further information on the Company's divestitures.
(5)Refer to Note 3 for information on the Company's divestitures.
Three Months Ended
June 30, 2024		SalesCosts Applicable to SalesDepreciation and Amortization
Reclamation and Remediation (1)
Advanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)(2)
Income (Loss) before Income and Mining Tax and Other Items
Capital Expenditures (3)
Ahafo$422 $176 $55 $2 $12 $(8)$185 $81 
Brucejack
106 64 36 — 1 1 4 19 
Red Chris
Gold19 7 2 
Copper63 33 11 
Total Red Chris82 40 13 1 2 — 26 49 
Peñasquito:
Gold149 53 22 
Silver209 96 41 
Lead44 26 12 
Zinc149 96 35 
Total Peñasquito551 271 110 5 3 (1)163 26 
Merian142 96 20 1 5 (1)21 32 
Cerro Negro
65 70 22 1 3 5 (36)31 
Yanacocha181 77 23 48 4 7 22 9 
Boddington:
Gold320 139 26 
Copper86 49 9 
Total Boddington406 188 35 3 1 4 175 29 
Tanami231 101 33 1 7 10 79 105 
Cadia:
Gold297 77 33 
Copper221 67 33 
Total Cadia518 144 66 1 4 2 301 134 
Lihir
345 162 43 1 4 9 126 40 
NGM590 307 103 3 7 6 164 126 
Held for Sale (4)
CC&V
78 45 4 3 2 — 24 8 
Musselwhite
132 56 — 1 1 — 74 21 
Porcupine
206 94 9 4 1 247 (149)55 
Éléonore
147 89 2 1 1 — 54 29 
Telfer (5)
Gold
82 83 4 
Copper
7 12 1 
Total Telfer
89 95 5 2 2 15 (30)14 
Akyem
111 81 11 4 — (3)18 7 
Total Reportable Segments
4,402 2,156 590 82 60 293 1,221 815 
Corporate and Other— — 12 12 46 115 (185)4 
Consolidated$4,402 $2,156 $602 $94 $106 $408 $1,036 $819 
____________________________
(1)Segment presentation for the prior period has been recast due to the adoption of ASU 2023-07.
(2)Other Segment Expenses (Income) for all reportable segments includes (Gain) loss on sale of assets held for sale, Other expense, net, and Other income (loss), net. Refer to Notes 3, 7, and 8, respectively, for further information. Additionally, Other Segment Expenses (Income) includes General and administrative, Change in fair value of investments and options, and Interest expense, net of capitalized interest, which are primarily incurred at the non-operating segment Corporate and Other.
(3)Includes an increase in non-cash adjustments of $19, primarily comprised of the change in accrued capital expenditures. Consolidated capital expenditures on a cash basis were $800.
(4)Refer to Note 3 for information on the Company's divestitures.
(5)During the second quarter of 2024, seepage points were detected on the outer wall and around the tailings storage facility at Telfer and the Company temporarily ceased placing new tailings on the facility. Production resumed at the end of the third quarter of 2024. The Company completed the sale of Telfer in the fourth quarter of 2024.
Six Months Ended
June 30, 2025		SalesCosts Applicable to SalesDepreciation and Amortization
Reclamation and Remediation
Advanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)(2)
Income (Loss) before Income and Mining Tax and Other Items
Total Assets
Capital Expenditures (3)
Ahafo$1,231 $448 $98 $4 $25 $(13)$669 $2,964 $247 
Brucejack
294 174 88 3 5 4 20 2,612 41 
Red Chris
Gold95 38 11 
Copper136 81 23 
Total Red Chris231 119 34 4 5 (2)71 2,637 70 
Peñasquito:
Gold806 206 96 
Silver379 122 57 
Lead85 42 20 
Zinc322 187 77 
Total Peñasquito1,592 557 250 11 8 30 736 4,389 56 
Merian364 194 37 2 20 — 111 916 26 
Cerro Negro
220 150 54 3 11 10 (8)1,833 83 
Yanacocha725 212 56 88 4 20 345 2,080 8 
Boddington:
Gold890 336 61 
Copper141 76 14 
Total Boddington1,031 412 75 8 3 16 517 2,343 71 
Tanami507 197 56 2 6 17 229 2,434 247 
Cadia:
Gold686 165 67 
Copper437 153 65 
Total Cadia1,123 318 132 3 4 34 632 6,368 273 
Lihir
972 363 91 7 3 14 494 5,735 81 
NGM1,409 651 203 5 8 1 541 7,430 195 
Total Reportable Segments
9,699 3,795 1,174 140 102 131 4,357 41,741 1,398 
Corporate and Other (4)
— — 33 21 88 (227)85 13,424 5 
Divested (5)
CC&V88 39 2 2 — (3)48 — 5 
Musselwhite94 33 — 1 — (18)78 — 14 
Porcupine (4)
177 79 1 6 1 20 70 — 54 
Éléonore138 54 — 1 2 (171)252 — 12 
Akyem131 107 3 5 — (683)699 — 9 
Consolidated$10,327 $4,107 $1,213 $176 $193 $(951)$5,589 $55,165 $1,497 
____________________________
(1)Other Segment Expenses (Income) for all reportable segments includes Other expense, net and Other income (loss), net. Refer to Notes 7 and 8 respectively, for further information. Additionally, Other Segment Expenses (Income) includes General and administrative, Change in fair value of investments and options, and Interest expense, net of capitalized interest, which are primarily incurred at the non-operating segment Corporate and Other.
(2)Other Segment Expenses (Income) includes (Gain) loss on sale of assets held for sale which primarily consists of gains on the completed sales of CC&V, Musselwhite, Porcupine, Éléonore, and Akyem. Refer to Note 3 for further information.
(3)Includes a decrease in non-cash adjustments of $3, primarily comprised of the change in accrued capital expenditures. Consolidated capital expenditures on a cash basis were $1,500.
(4)The Coffee development project disposal group is included in Corporate and Other. Additionally, Corporate and Other contained legacy reclamation related to Porcupine which was divested in the second quarter of 2025. Refer to Note 3 for information on the Company's divestitures.
(5)Refer to Note 3 for information on the Company's divestitures.
Six Months Ended
June 30, 2024		SalesCosts Applicable to SalesDepreciation and Amortization
Reclamation and Remediation (1)
Advanced Projects, Research and Development and Exploration
Other Segment Expenses (Income) (1)(2)
Income (Loss) before Income and Mining Tax and Other Items
Total Assets (1)
Capital Expenditures (3)
Ahafo$803 $335 $106 $4 $17 $(22)$363 $3,054 $171 
Brucejack
178 138 71 1 1 — (33)4,176 35 
Red Chris:
Gold35 14 4 
Copper109 64 19 
Total Red Chris144 78 23 1 4 1 37 2,392 84 
Peñasquito:
Gold241 91 37 
Silver410 207 85 
Lead104 62 26 
Zinc273 204 71 
Total Peñasquito1,028 564 219 10 5 5 225 4,892 58 
Merian297 186 39 2 9 1 60 933 50 
Cerro Negro
218 133 52 2 8 8 15 1,736 77 
Yanacocha367 165 51 96 6 7 42 1,881 33 
Boddington:
Gold619 283 52 
Copper163 97 18 
Total Boddington782 380 70 6 2 (8)332 2,412 57 
Tanami419 183 58 1 15 1 161 2,044 190 
Cadia:
Gold545 151 61 
Copper388 134 60 
Total Cadia
933 285 121 2 9 (7)523 6,352 245 
Lihir
722 333 78 2 10 10 289 4,002 95 
NGM1,149 621 210 6 12 8 292 7,415 244 
Held for sale (4)
CC&V137 85 7 6 3 104 (68)474 13 
Musselwhite233 113 18 2 3 82 15 997 47 
Porcupine331 157 32 9 3 245 (115)1,372 95 
Éléonore
263 169 21 2 5 — 66 874 50 
Telfer: (5)
Gold141 153 12 
Copper14 27 3 
Total Telfer155 180 15 5 6 3 (54)647 24 
Akyem266 157 41 7 4 (4)61 903 16 
Total Reportable Segments
8,425 4,262 1,232 164 122 434 2,211 46,556 1,584 
Corporate and Other— — 24 28 90 605 (747)9,122 8 
Consolidated$8,425 $4,262 $1,256 $192 $212 $1,039 $1,464 $55,678 $1,592 
____________________________
(1)Segment presentation for the prior period has been recast due to the adoption of ASU 2023-07.
(2)Other Segment Expenses (Income) for all reportable segments includes (Gain) loss on sale of assets held for sale, Other expense, net, and Other income (loss), net. Refer to Notes 3, 7, and 8, respectively, for further information. Additionally, Other Segment Expenses (Income) includes General and administrative, Change in fair value of investments and options, and Interest expense, net of capitalized interest, which are primarily incurred at the non-operating segment Corporate and Other.
(3)Includes a decrease in non-cash adjustments of $58, primarily comprised of the change in accrued capital expenditures. Consolidated capital expenditures on a cash basis were $1,650.
(4)Refer to Note 3 for information on the Company's divestitures. The Coffee development project disposal group is included in Corporate and Other.
(5)During the second quarter of 2024, seepage points were detected on the outer wall and around the tailings storage facility at Telfer and the Company temporarily ceased placing new tailings on the facility. Production resumed at the end of the third quarter of 2024. The Company completed the sale of Telfer in the fourth quarter of 2024.