Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Newmont Corp., consolidated balance sheet: assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash and cash equivalents	3,002)	2,877)	4,992)	5,540)	2,243)
Time deposits and other investments	23)	880)	82)	290)	237)
Trade receivables	734)	366)	337)	449)	373)
Inventories	1,663)	979)	930)	963)	1,014)
Stockpiles and ore on leach pads	979)	774)	857)	827)	812)
Other receivables	493)	324)	—)	—)	—)
Derivative assets	198)	12)	—)	—)	—)
Other current assets	420)	303)	498)	436)	570)
Current assets held for sale	—)	—)	—)	—)	1,023)
Current assets	7,512)	6,515)	7,696)	8,505)	6,272)
Property, plant and mine development, net	37,563)	24,073)	24,124)	24,281)	25,276)
Investments	4,143)	3,278)	3,243)	3,197)	3,199)
Stockpiles and ore on leach pads	1,935)	1,716)	1,775)	1,705)	1,484)
Deferred income tax assets	268)	173)	269)	337)	549)
Goodwill	3,001)	1,971)	2,771)	2,771)	2,674)
Derivative assets	444)	196)	—)	—)	—)
Other non-current assets	640)	560)	686)	573)	520)
Non-current assets	47,994)	31,967)	32,868)	32,864)	33,702)
Total assets	55,506)	38,482)	40,564)	41,369)	39,974)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Assets: Selected Items

Download chart

Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Newmont Corp. current assets decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Property, plant and mine development, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Newmont Corp. property, plant and mine development, net decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Non-current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Newmont Corp. non-current assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Newmont Corp. total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

Current Assets: Selected Items

Download chart

Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Newmont Corp. cash and cash equivalents decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Time deposits and other investments	Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.	Newmont Corp. time deposits and other investments increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Trade receivables	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	Newmont Corp. trade receivables increased from 2021 to 2022 and from 2022 to 2023.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Newmont Corp. inventories increased from 2021 to 2022 and from 2022 to 2023.

Newmont Corp. (NYSE:NEM)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items