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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 549us-gaap_CashAndCashEquivalentsAtCarryingValue $ 464us-gaap_CashAndCashEquivalentsAtCarryingValue
Trade accounts receivable 995us-gaap_AccountsReceivableNetCurrent 953us-gaap_AccountsReceivableNetCurrent
Other accounts receivable 1,401us-gaap_NontradeReceivablesCurrent 1,610us-gaap_NontradeReceivablesCurrent
Inventories:    
Materials and supplies, net 1,919us-gaap_InventorySuppliesNetOfReserves [1] 1,886us-gaap_InventorySuppliesNetOfReserves [1]
Mill and leach stockpiles 1,877fcx_MillAndLeachStockpiles 1,914fcx_MillAndLeachStockpiles
Product 1,442fcx_Product 1,561fcx_Product
Other current assets 671us-gaap_OtherAssetsCurrent 657us-gaap_OtherAssetsCurrent
Total current assets 8,854us-gaap_AssetsCurrent 9,045us-gaap_AssetsCurrent
Property, plant, equipment and mining development costs, net 26,595us-gaap_PropertyPlantAndEquipmentNet 26,220us-gaap_PropertyPlantAndEquipmentNet
Oil and gas properties, net - full cost method    
Subject to amortization, less accumulated amortization 6,713fcx_OilandNaturalGasPropertiesFullCostMethodSubjecttoAmortization 9,187fcx_OilandNaturalGasPropertiesFullCostMethodSubjecttoAmortization
Not subject to amortization 9,665fcx_OilandNaturalGasPropertiesFullCostMethodNotSubjecttoAmortization 10,087fcx_OilandNaturalGasPropertiesFullCostMethodNotSubjecttoAmortization
Long-term mill and leach stockpiles 2,261fcx_LongTermMillAndLeachStockpiles 2,179fcx_LongTermMillAndLeachStockpiles
Other assets 1,977us-gaap_OtherAssetsNoncurrent 1,956us-gaap_OtherAssetsNoncurrent
Total assets 56,065us-gaap_Assets 58,674us-gaap_Assets
Current liabilities:    
Accounts payable and accrued liabilities 3,111us-gaap_AccountsPayableAndOtherAccruedLiabilitiesCurrent 3,653us-gaap_AccountsPayableAndOtherAccruedLiabilitiesCurrent
Current portion of debt 558us-gaap_DebtCurrent 478us-gaap_DebtCurrent
Accrued income taxes 364us-gaap_AccruedIncomeTaxesCurrent 410us-gaap_AccruedIncomeTaxesCurrent
Current portion of environmental and asset retirement obligations 317fcx_CurrentPortionOfReclamationAndEnvironmentalObligations 296fcx_CurrentPortionOfReclamationAndEnvironmentalObligations
Dividends payable 60us-gaap_DividendsPayableCurrent 335us-gaap_DividendsPayableCurrent
Total current liabilities 4,410us-gaap_LiabilitiesCurrent 5,172us-gaap_LiabilitiesCurrent
Long-term debt, less current portion 19,754us-gaap_LongTermDebtNoncurrent 18,371us-gaap_LongTermDebtNoncurrent
Deferred income taxes 5,625us-gaap_DeferredTaxLiabilitiesNoncurrent 6,398us-gaap_DeferredTaxLiabilitiesNoncurrent
Environmental and asset retirement obligations, less current portion 3,678fcx_ReclamationAndEnvironmentalObligationsLessCurrentPortion 3,647fcx_ReclamationAndEnvironmentalObligationsLessCurrentPortion
Other liabilities 1,812us-gaap_OtherLiabilitiesNoncurrent 1,861us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 35,279us-gaap_Liabilities 35,449us-gaap_Liabilities
Redeemable noncontrolling interest 755us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests 751us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
Stockholders’ equity:    
Common stock 117us-gaap_CommonStockValue 117us-gaap_CommonStockValue
Capital in excess of par value 22,307us-gaap_AdditionalPaidInCapital 22,281us-gaap_AdditionalPaidInCapital
(Accumulated deficit) retained earnings (2,398)us-gaap_RetainedEarningsAccumulatedDeficit 128us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (532)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (544)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Common stock held in treasury (3,701)us-gaap_TreasuryStockValue (3,695)us-gaap_TreasuryStockValue
Total stockholders’ equity 15,793us-gaap_StockholdersEquity 18,287us-gaap_StockholdersEquity
Noncontrolling interests 4,238us-gaap_MinorityInterest 4,187us-gaap_MinorityInterest
Total equity 20,031us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 22,474us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 56,065us-gaap_LiabilitiesAndStockholdersEquity $ 58,674us-gaap_LiabilitiesAndStockholdersEquity
[1] Materials and supplies inventory was net of obsolescence reserves totaling $21 million at March 31, 2015, and $20 million at December 31, 2014.