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STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 29, 2012
Mar. 31, 2015
Dec. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Stockholder's Equity and Stock-based Compensation [Line Items]            
Authorized annual rate of common stock dividend (in dollars per share) $ 1.25 $ 0.20        
Stock Based Compensation Included In General And Administrative Expense       $ 67 $ 79 $ 145
Stock Based Compensation Included In Production and Delivery Expense       18 28 28
Capitalized costs       (11) (23) (13)
Stock-based compensation       96 130 186
Tax Benefit and Noncontrolling Interests' Share       (32) (42) (66)
Impact on net income       $ 53 65 $ 107
Stock appreciation rights outstanding and included in stock options       1,321,029    
Accounts payable and accrued liabilities       $ 3,355 $ 3,653  
Share-based Compensation [Roll Forward]            
Balance at beginning of period (in number of options/units)   45,929,739   45,929,739    
Granted (in number of options/units)       5,450,000    
Exercised (in number of options/units)       (195,326)    
Expired/Forfeited (in number of options/units)       (1,880,534)    
Balance at end of period (in number of options/units)       49,303,879 45,929,739  
Stock options, stock appreciation rights, restricted stock units and additional disclosures [Abstract]            
Weighted-average exercise price at beginning of period (in dollars per option)   $ 35.65   $ 35.65    
Granted (in dollars per option)       18.96    
Exercised (in dollars per option)       15.61    
Expired/Forfeited (in dollars per option)       30.15    
Weighted-average exercise price at end of period (in dollars per option)       $ 34.10 $ 35.65  
Weighted-average remaining contractual term (in years)       4 years 10 months    
Vested and exercisable at end of period (in options)       40,235,301    
Weighted-average option price of vested and exercisable (in dollars per option)       $ 35.78    
Aggregate intrinsic value of outstanding [1]       $ 0    
Weighted-average remaining contractual term of vested and exercisable (in years)       4 years    
Aggregate intrinsic value of vested and exercisable [1]       $ 0    
Fair value assumptions and methodology [Abstract]            
Shares tendered to pay exercise price and minimum required taxes (in shares) [2]       349,122 474,480 3,294,624
Cash received from exercise of stock options       $ 3 $ 12 $ 8
Actual tax benefit realized for tax deductions       11 16 8
Amount paid for employee taxes       $ 7 $ 8 105
Stock Settled Performance Stock Units (PSUs) [Member]            
Share-based Compensation [Roll Forward]            
Granted (in number of options/units)       755,000 344,000  
Cash Settled PSUs and RSUs [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Accounts payable and accrued liabilities       $ 10 $ 17  
Other Liabilities       $ 8 $ 19  
Share-based Compensation [Roll Forward]            
Balance at beginning of period (in number of options/units)   3,587,564   3,587,564    
Granted (in number of options/units)       2,366,715    
Vested (in number of options/units)       (1,196,395)    
Expired/Forfeited (in number of options/units)       (145,348)    
Balance at end of period (in number of options/units)       4,612,536.000000 3,587,564  
Stock options, stock appreciation rights, restricted stock units and additional disclosures [Abstract]            
Restricted Stock Units - weighted average grant date fair value       $ 24.89 $ 30.99  
Granted - Weighted Average Grant Date Fair Value       18.68    
Vested - weighted average grant date fair value       30.99    
Forfeited - weighted average grant date fair value       $ 24.21    
Aggregate intrinsic value of outstanding       $ 31    
Fair value assumptions and methodology [Abstract]            
Total grant-date fair value of restricted stock units granted       44 $ 68 70
Total intrinsic value of restricted stock units vested       $ 24    
Restricted Stock Units (RSUs) [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Annual Vesting Percentage Of Options         33.00%  
Share-based Compensation [Roll Forward]            
Balance at beginning of period (in number of options/units)   5,805,145   5,805,145    
Granted (in number of options/units)       2,729,750    
Vested (in number of options/units)       (1,150,589)    
Expired/Forfeited (in number of options/units)       (164,006)    
Balance at end of period (in number of options/units)       7,220,300.0000 5,805,145  
Stock options, stock appreciation rights, restricted stock units and additional disclosures [Abstract]            
Restricted Stock Units - weighted average grant date fair value       $ 27.12 $ 33.57  
Granted - Weighted Average Grant Date Fair Value       16.77    
Vested - weighted average grant date fair value       34.10    
Forfeited - weighted average grant date fair value       $ 34.35    
Aggregate intrinsic value of outstanding       $ 49    
Fair value assumptions and methodology [Abstract]            
Total grant-date fair value of restricted stock units granted       46 $ 67 125
Total intrinsic value of restricted stock units vested       22 $ 15 $ 12
Total unrecognized compensation cost related to unvested stock options expected to be recognized over a weighted-average period       $ 28    
Weighted-average period used in calculating unrecognized compensation cost, stock options (in years)       1 year 5 months    
Cash Settled Performance Stock Units (PSUs) [Member]            
Share-based Compensation [Roll Forward]            
Granted (in number of options/units)       582,000    
Stock Appreciation Rights (SARs) [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Annual Vesting Percentage Of Options           33.00%
Expiration Period Of Options       5 years    
Employee Stock Option [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Annual Vesting Percentage Of Options       25.00%    
Expiration Period Of Options       10 years    
Fair value assumptions and methodology [Abstract]            
Weighted-average expected volatility       37.90% 36.60% 48.90%
Expected life of options (in years)       5 years 2 months 1 day 4 years 11 months 1 day 4 years 7 months 27 days
Weighted-average expected dividend rate       4.50% 3.50% 3.30%
Risk free interest rate       1.70% 1.70% 0.70%
Weighted-average grant-date fair value (in dollars per option)       $ 4.30 $ 7.43 $ 10.98
Total intrinsic value of options exercised       $ 1 $ 17 $ 10
Fair value of options vested       50 $ 76 $ 101
Total unrecognized compensation cost related to unvested stock options expected to be recognized over a weighted-average period       $ 31    
Weighted-average period used in calculating unrecognized compensation cost, stock options (in years)       1 year 9 months    
Minimum [Member] | Stock Settled Performance Stock Units (PSUs) [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Performance Share Unit Payout         0.00%  
Minimum [Member] | Cash Settled PSUs and RSUs [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Expiration Period Of Options       3 years    
Minimum [Member] | Cash Settled Performance Stock Units (PSUs) [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Performance Share Unit Payout   50.00%        
Maximum [Member]            
Fair value assumptions and methodology [Abstract]            
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period           3 years
Maximum [Member] | Stock Settled Performance Stock Units (PSUs) [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Performance Share Unit Payout         200.00%  
Maximum [Member] | Cash Settled PSUs and RSUs [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Expiration Period Of Options       5 years    
Performance Share Unit Payout   200.00%        
Employment Restructuring Arrangement [Member] | Restricted Stock Units (RSUs) [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Stock Based Compensation Included In General And Administrative Expense     $ 37      
Share-based Compensation [Roll Forward]            
Granted (in number of options/units)     1,000,000      
Outside Directors [Member]            
Fair value assumptions and methodology [Abstract]            
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period         4 years  
Executive Officers Performance Based [Member]            
Stockholder's Equity and Stock-based Compensation [Line Items]            
Minimum Five Year Return Required For Restricted Stock Units To Vest Over Three Years           6.00%
Fair value assumptions and methodology [Abstract]            
Percent Reduction In Restrcited Stock Units If Performance Is Below Level Defined In Agreement           20.00%
[1] At December 31, 2015, all outstanding stock options and SARs have exercise prices greater than the market price of FCX's common stock.
[2] Under terms of the related plans, upon exercise of stock options and vesting of RSUs, employees may tender FCX shares to pay the exercise price and/or the minimum required taxes.