How much does FCX still owe on its purchase of PD? It just sold a cable company and will net 620 million and is using it to pay down debt, so im wondering what kind of a dent it will but on what they owe from buying pd.
Why not go to thier yahoo page, find thier balance sheet, and look up the debt figures? Since the Yahoo quarterly b/s isn't updated, try google (it's there.)
As of 10/4: "Freeport has paid down nearly half the debt it incurred from the takeover, the company says. Freeport's debt now stands at $7.7 billion, down from $14.2 billion at the time of the buy."
Ok, $7.7B less $620M. Other key pieces as of 9/30: $2.3B in cash, $2.1B in receivables, 2.7 in inventory offest by $4.6 in current liabilities. Q2 debt retired: $2.3B CashF excl debt pmts: $1.6B Q3 debt retired: $1.0B CashF excl debt pmts: $1.6B