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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 1,458 $ 1,985
Trade accounts receivable 1,838 1,728
Other accounts receivable 920 834
Inventories:    
Mill and leach stockpiles 1,880 1,705
Materials and supplies, net 1,825 [1] 1,730 [1]
Product 1,665 1,583
Other current assets 668 407
Total current assets 10,254 9,972
Property, plant, equipment and mining development costs, net 25,407 24,042
Oil and gas properties - full cost method    
Subject to amortization, less accumulated amortization 11,057 12,472
Not subject to amortization 10,769 10,887
Long-term mill and leach stockpiles 2,518 2,386
Goodwill 1,717 1,916
Other assets 2,287 1,798
Total assets 64,009 63,473
Current liabilities:    
Accounts payable and accrued liabilities 3,950 3,708
Current portion of debt 2,784 312
Dividends payable 334 333
Current portion of environmental and asset retirement obligations 250 236
Accrued income taxes 240 184
Total current liabilities 7,558 4,773
Long-term debt, less current portion 17,512 20,394
Deferred income taxes 7,451 7,410
Environmental and asset retirement obligations, less current portion 3,294 3,259
Other liabilities 1,782 1,690
Total liabilities 37,597 37,526
Redeemable noncontrolling interest 745 716
FCX stockholders’ equity:    
Common stock 117 117
Capital in excess of par value 22,221 22,161
Retained earnings 3,081 2,742
Accumulated other comprehensive loss (401) (405)
Common stock held in treasury (3,686) (3,681)
Total FCX stockholders’ equity 21,332 20,934
Noncontrolling interests 4,335 4,297
Total equity 25,667 25,231
Total liabilities and equity $ 64,009 $ 63,473
[1] Materials and supplies inventory was net of obsolescence reserves totaling $21 million at June 30, 2014, and $24 million at December 31, 2013.