Debt and Equity Transactions (Unaudited) (Tables)

9 Months Ended

Sep. 30, 2013

A summary of the changes in debt for the nine months ended September 30, 2013, follows (in millions):



Balance at December 31, 2012	$	3,527
Additions:
Acquisition-related debt:
Bank term loan	4,000
2.375% Senior Notes due 2018	1,500
3.100% Senior Notes due 2020	1,000
3.875% Senior Notes due 2023	1,999
5.450% Senior Notes due 2043	1,991
PXP debt assumed at the acquisition date (initially recorded at fair value):
Amended credit facility:
Revolving line of credit	1,469
Five-year term loan due 2017	750
Seven-year term loan due 2019	1,250
7⅝% Senior Notes due 2018	415
6⅛% Senior Notes due 2019	823
8⅝% Senior Notes due 2019	451
7⅝% Senior Notes due 2020	339
6½% Senior Notes due 2020	1,658
6⅝% Senior Notes due 2021	663
6¾% Senior Notes due 2022	1,118
6⅞% Senior Notes due 2023	1,695
MMR debt assumed at the acquisition date (initially recorded at fair value):
11.875% Senior Notes due 2014	314
4% Convertible Senior Notes due 2017	237
5¼% Convertible Senior Notes due 2013	69
FCX's borrowings under the revolving credit facility	200
PXP's additional borrowings under the amended credit facility	396
Other borrowings and changes	75
Subtotal	25,939
Less cash repayments and payments for conversions:
FCX's revolving credit facility	200
PXP's amended credit facility	3,865
MMR's 4% Convertible Senior Notes due 2017	209
PXP's 7⅝% Senior Notes due 2018	415
Other	127
Total debt balance at September 30, 2013	21,123
Less current portion	(70		)
Long-term debt	$	21,053