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GUARANTOR FINANCIAL STATEMENTS (Tables)
 12 Months Ended
Dec. 31, 2013
Guarantor Financial Statements [Abstract]  
Condensed Balance Sheet [Table Text Block]
CONDENSED CONSOLIDATING BALANCE SHEET
December 31, 2013
 
FCX
 
FM O&G LLC
 
Non-guarantor
 
 
 
Consolidated
 
Issuer
 
Guarantor
 
Subsidiaries
 
Eliminations
 
FCX
ASSETS
 
 
 
 
 
 
 
 
 
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
—

 
$
—

 
$
1,985

 
$
—

 
$
1,985

Accounts receivable
855

 
659

 
2,258

 
(1,210
)
 
2,562

Inventories
—

 
18

 
5,000

 
—

 
5,018

Other current assets
114

 
20

 
273

 
—

 
407

Total current assets
969

 
697

 
9,516

 
(1,210
)
 
9,972

Property, plant, equipment and mining development costs, net
27

 
43

 
23,972

 
—

 
24,042

Oil and gas properties, net - full cost method:
 
 
 
 
 
 
 
 
 
Subject to amortization
—

 
6,207

 
6,265

 
—

 
12,472

Not subject to amortization
—

 
2,649

 
8,238

 
—

 
10,887

Investment in consolidated subsidiaries
31,162

 
9,712

 
12,468

 
(53,342
)
 
—

Goodwill
—

 
437

 
1,479

 
—

 
1,916

Other assets
7,126

 
4,640

 
4,128

 
(11,710
)
 
4,184

Total assets
$
39,284

 
$
24,385

 
$
66,066

 
$
(66,262
)
 
$
63,473

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND EQUITY
 
 
 
 
 
 
 
 
 
Current liabilities
$
1,003

 
$
758

 
$
4,222

 
$
(1,210
)
 
$
4,773

Long-term debt, less current portion
13,184

 
7,199

 
8,056

 
(8,045
)
 
20,394

Deferred income taxes
4,137

a 
—

 
3,273

 
—

 
7,410

Environmental and asset retirement obligations, less current portion
—

 
301

 
2,958

 
—

 
3,259

Other liabilities
26

 
3,436

 
1,893

 
(3,665
)
 
1,690

Total liabilities
18,350

 
11,694

 
20,402

 
(12,920
)
 
37,526

 
 
 
 
 
 
 
 
 
 
Redeemable noncontrolling interest
—

 
—

 
716

 
—

 
716

 
 
 
 
 
 
 
 
 
 
Equity:
 
 
 
 
 
 
 
 
 
Stockholders' equity
20,934

 
12,691

 
41,100

 
(53,791
)
 
20,934

Noncontrolling interests
—

 
—

 
3,848

 
449

 
4,297

Total equity
20,934

 
12,691

 
44,948

 
(53,342
)
 
25,231

Total liabilities and equity
$
39,284

 
$
24,385

 
$
66,066

 
$
(66,262
)
 
$
63,473

a.
All U.S. related deferred income taxes are recorded at the parent company.
Condensed Income Statement [Table Text Block]
CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME
Year Ended December 31, 2013

 
FCX
 
FM O&G LLC
 
Non-guarantor
 
 
 
Consolidated
 
Issuer
 
Guarantor
 
Subsidiaries
 
Eliminations
 
FCX
Revenues
$
—

 
$
1,177

 
$
19,744

 
$
—

 
$
20,921

Cost of sales
5

 
976

 
13,656

 
—

 
14,637

Other operating costs and expenses
129

 
89

 
715

 
—

 
933

Total costs and expenses
134

 
1,065

 
14,371

 
—

 
15,570

Operating (loss) income
(134
)
 
112

 
5,373

 
—

 
5,351

Interest expense, net
(319
)
 
(129
)
 
(129
)
 
59

 
(518
)
Losses on early extinguishment of debt
(45
)
 
—

 
10

 
—

 
(35
)
Gain on investment in MMR
128

 
—

 
—

 
—

 
128

Other income (expense), net
61

 
—

 
(15
)
 
(59
)
 
(13
)
(Loss) income before income taxes and equity in affiliated companies' net earnings (losses)
(309
)
 
(17
)
 
5,239

 
—

 
4,913

Benefit from (provision for) income taxes
81

 
17

 
(1,573
)
 
—

 
(1,475
)
Equity in affiliated companies' net earnings (losses)
2,886

 
281

 
268

 
(3,432
)
 
3

Net income (loss)
2,658

 
281

 
3,934

 
(3,432
)
 
3,441

Net income and preferred dividends attributable to noncontrolling interests
—

 
—

 
(706
)
 
(77
)
 
(783
)
Net income (loss) attributable to FCX common stockholders
$
2,658

 
$
281

 
$
3,228

 
$
(3,509
)
 
$
2,658

 
 
 
 
 
 
 
 
 
 
Other comprehensive income
—

 
—

 
101

 
—

 
101

Total comprehensive income (loss)
$
2,658

 
$
281

 
$
3,329

 
$
(3,509
)
 
$
2,759

 
 
 
 
 
 
 
 
 
 
Condensed Cash Flow Statement [Table Text Block]
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Year Ended December 31, 2013
 
FCX
 
FM O&G LLC
 
Non-guarantor
 
 
 
Consolidated
 
Issuer
 
Guarantor
 
Subsidiaries
 
Eliminations
 
FCX
Cash flow from operating activities:
 
 
 
 
 
 
 
 
 
Net income (loss)
$
2,658

 
$
281

 
$
3,934

 
$
(3,432
)
 
$
3,441

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
 
 
 
 
 
 
 
 
 
Depreciation, depletion and amortization
4

 
616

 
2,177

 
—

 
2,797

Net losses on crude oil and natural gas derivative contracts
—

 
334

 
—

 
—

 
334

Gain on investment in MMR
(128
)
 
—

 
—

 
—

 
(128
)
Equity in earnings of consolidated subsidiaries
(2,886
)
 
(281
)
 
(265
)
 
3,432

 
—

Other, net
8

 
(14
)
 
78

 
—

 
72

(Increases) decreases in working capital and changes in other tax payments, excluding amounts from the acquisitions
272

 
735

 
(1,384
)
 
—

 
(377
)
Net cash (used in) provided by operating activities
(72
)
 
1,671

 
4,540

 
—

 
6,139

 
 
 
 
 
 
 
 
 
 
Cash flow from investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
(894
)
 
(4,392
)
 
—

 
(5,286
)
Acquisitions, net of cash acquired
(5,437
)
 
—

 
(4
)
 
—

 
(5,441
)
Intercompany loans
834

 
—

 
(162
)
 
(672
)
 
—

Distributions from consolidated subsidiary
629

 
—

 
—

 
(629
)
 
—

Other, net
15

 
30

 
(226
)
 
—

 
(181
)
Net cash used in investing activities
(3,959
)
 
(864
)
 
(4,784
)
 
(1,301
)
 
(10,908
)
 
 
 
 
 
 
 
 
 
 
Cash flow from financing activities:
 
 
 
 
 
 
 
 
 
Proceeds from debt
11,260

 
—

 
241

 
—

 
11,501

Repayments of debt and redemption of MMR preferred stock
(4,737
)
 
(416
)
 
(551
)
 
—

 
(5,704
)
Intercompany loans
—

 
(391
)
 
(281
)
 
672

 
—

Cash dividends and distributions paid
(2,281
)
 
—

 
(885
)
 
629

 
(2,537
)
Other, net
(211
)
 
—

 
—

 
—

 
(211
)
Net cash provided by (used in) financing activities
4,031

 
(807
)
 
(1,476
)
 
1,301

 
3,049

 
 
 
 
 
 
 
 
 
 
Net decrease in cash and cash equivalents
—

 
—

 
(1,720
)
 
—

 
(1,720
)
Cash and cash equivalents at beginning of year
—

 
—

 
3,705

 
—

 
3,705

Cash and cash equivalents at end of year
$
—

 
$
—

 
$
1,985

 
$
—

 
$
1,985