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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues $ 6,165 $ 4,417 $ 15,036 $ 13,497
Cost of sales:        
Production and delivery 3,332 2,592 8,904 7,642
Depreciation, depletion and amortization 919 298 1,778 856
Total cost of sales 4,251 2,890 10,682 8,498
Selling, general and administrative expenses 158 110 457 311
Mining exploration and research expenses 57 79 173 214
Environmental obligations and shutdown costs (8) (73) 23 18
Total costs and expenses 4,458 3,006 11,335 9,041
Operating income 1,707 1,411 3,701 4,456
Interest expense, net (162) (42) (351) (148)
Losses on early extinguishment of debt 0 0 (45) (168)
Gain on investment in McMoRan Exploration Co. 0 0 128 0
Other income (expense), net 3 (15) 13 23
Income before income taxes and equity in affiliated companies' net earnings (losses) 1,548 1,354 3,446 4,163
Provision for income taxes (499) (215) (967) (1,128)
Equity in affiliated companies’ net earnings (losses) (1) 1 3 0
Net income 1,048 1,140 2,482 3,035
Net income and preferred dividends attributable to noncontrolling interests (227) (316) (531) (737)
Net income attributable to FCX common stockholders $ 821 $ 824 $ 1,951 $ 2,298
Net income per share attributable to FCX common stockholders:        
Basic $ 0.79 $ 0.87 $ 1.97 $ 2.42
Diluted $ 0.79 $ 0.86 $ 1.96 $ 2.41
Weighted-average common shares outstanding:        
Basic 1,038 949 989 949
Diluted 1,043 953 993 953
Dividends declared per share of common stock $ 0.3125 $ 0.3125 $ 1.9375 $ 0.9375