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CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 464us-gaap_CashAndCashEquivalentsAtCarryingValue $ 1,985us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade accounts receivable 953us-gaap_AccountsReceivableNetCurrent 1,728us-gaap_AccountsReceivableNetCurrent
Income and other tax receivables 1,322us-gaap_IncomeTaxesReceivable 695us-gaap_IncomeTaxesReceivable
Other accounts receivable 288us-gaap_NontradeReceivablesCurrent 139us-gaap_NontradeReceivablesCurrent
Inventories:    
Materials and supplies, net 1,886us-gaap_InventorySuppliesNetOfReserves [1] 1,730us-gaap_InventorySuppliesNetOfReserves [1]
Mill and leach stockpiles 1,914fcx_MillAndLeachStockpiles 1,705fcx_MillAndLeachStockpiles
Product 1,561fcx_Product 1,583fcx_Product
Other current assets 657us-gaap_OtherAssetsCurrent 407us-gaap_OtherAssetsCurrent
Total current assets 9,045us-gaap_AssetsCurrent 9,972us-gaap_AssetsCurrent
Property, plant, equipment and mining development costs, net 26,220us-gaap_PropertyPlantAndEquipmentNet 24,042us-gaap_PropertyPlantAndEquipmentNet
Oil and gas properties, net - full cost method:    
Subject to amortization, less accumulated amortization of $7,360 and $1,357, respectively 9,187fcx_OilandNaturalGasPropertiesFullCostMethodSubjecttoAmortization 12,472fcx_OilandNaturalGasPropertiesFullCostMethodSubjecttoAmortization
Not subject to amortization 10,087fcx_OilandNaturalGasPropertiesFullCostMethodNotSubjecttoAmortization 10,887fcx_OilandNaturalGasPropertiesFullCostMethodNotSubjecttoAmortization
Long-term mill and leach stockpiles 2,179fcx_LongTermMillAndLeachStockpiles 2,386fcx_LongTermMillAndLeachStockpiles
Goodwill 0us-gaap_Goodwill 1,916us-gaap_Goodwill
Other assets 2,077us-gaap_OtherAssetsNoncurrent 1,798us-gaap_OtherAssetsNoncurrent
Total assets 58,795us-gaap_Assets 63,473us-gaap_Assets
Current liabilities:    
Accounts payable and accrued liabilities 3,653us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 3,708us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Dividends payable 335us-gaap_DividendsPayableCurrent 333us-gaap_DividendsPayableCurrent
Current portion of debt 478us-gaap_DebtCurrent 312us-gaap_DebtCurrent
Current portion of environmental and asset retirement obligations 296fcx_CurrentPortionOfReclamationAndEnvironmentalObligations 236fcx_CurrentPortionOfReclamationAndEnvironmentalObligations
Accrued income taxes 410us-gaap_AccruedIncomeTaxesCurrent 184us-gaap_AccruedIncomeTaxesCurrent
Total current liabilities 5,172us-gaap_LiabilitiesCurrent 4,773us-gaap_LiabilitiesCurrent
Long-term debt, less current portion 18,492us-gaap_LongTermDebtNoncurrent 20,394us-gaap_LongTermDebtNoncurrent
Deferred income taxes 6,398us-gaap_DeferredTaxLiabilitiesNoncurrent 7,410us-gaap_DeferredTaxLiabilitiesNoncurrent
Environmental and asset retirement obligations, less current portion 3,647fcx_ReclamationAndEnvironmentalObligationsLessCurrentPortion 3,259fcx_ReclamationAndEnvironmentalObligationsLessCurrentPortion
Other liabilities 1,861us-gaap_OtherLiabilitiesNoncurrent 1,690us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 35,570us-gaap_Liabilities 37,526us-gaap_Liabilities
Redeemable noncontrolling interest 751us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests 716us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
Stockholders’ equity:    
Common stock, par value $0.10, 1,167 shares and 1,165 shares issued, respectively 117us-gaap_CommonStockValue 117us-gaap_CommonStockValue
Capital in excess of par value 22,281us-gaap_AdditionalPaidInCapital 22,161us-gaap_AdditionalPaidInCapital
Retained earnings 128us-gaap_RetainedEarningsAccumulatedDeficit 2,742us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (544)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (405)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Common stock held in treasury – 128 shares and 127 shares, respectively, at cost (3,695)us-gaap_TreasuryStockValue (3,681)us-gaap_TreasuryStockValue
Total stockholders’ equity 18,287us-gaap_StockholdersEquity 20,934us-gaap_StockholdersEquity
Noncontrolling interests 4,187us-gaap_MinorityInterest 4,297us-gaap_MinorityInterest
Total equity 22,474us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 25,231us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 58,795us-gaap_LiabilitiesAndStockholdersEquity $ 63,473us-gaap_LiabilitiesAndStockholdersEquity
[1] Materials and supplies inventory was net of obsolescence reserves totaling $20 million at December 31, 2014, and $24 million at December 31, 2013.