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CONTINGENCIES (Asset Retirement Obligations) (Details)
12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Balance at beginning of year $ 2,769,000,000 $ 2,328,000,000 $ 1,146,000,000
Liabilities assumed in the acquisitions of PXP and MMR [1] 0 0 1,028,000,000
Liabilities incurred 98,000,000 430,000,000 [2] 45,000,000
Settlements and revisions to cash flow estimates, net (66,000,000) 65,000,000 123,000,000
Accretion expense 131,000,000 117,000,000 95,000,000
Dispositions 0 (61,000,000) 0
Spending (133,000,000) (99,000,000) (107,000,000)
Other (3,000,000) (11,000,000) (2,000,000)
Balance at end of year 2,796,000,000 2,769,000,000 2,328,000,000
Less current portion (172,000,000) (191,000,000) (115,000,000)
Long-term portion 2,624,000,000 2,578,000,000 $ 2,213,000,000
Fair Value Assumptions, Inflation Rate     2.50%
Financial Assurance Obligations 994,000,000    
New Mexico environmental and reclamation programs [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Legally Restricted Funds For Asset Retirement Obligations 169,000,000 $ 168,000,000  
Accrued reclamation and closure costs 451,000,000    
Arizona environmental and reclamation programs [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Accrued reclamation and closure costs 298,000,000    
Colorado Environmental And Reclamation Programs [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Accrued reclamation and closure costs 66,000,000    
Chile environmental and reclamation programs [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Accrued reclamation and closure costs 51,000,000    
Peru Environmental and Reclamation Programs [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Accrued reclamation and closure costs 106,000,000    
PT Freeport Indonesia environmental and reclamation programs [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Liabilities incurred 403,000,000    
Accrued reclamation and closure costs $ 674,000,000    
Estimated years the mining activities are expected to continue (in years) 25 years    
Current cash balance of reclamation fund $ 21,000,000    
Minimum [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Fair Value Assumptions, Risk Free Interest Rate     1.30%
Minimum [Member] | PT Freeport Indonesia environmental and reclamation programs [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Current cash balance of reclamation fund 100,000,000    
Maximum [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Fair Value Assumptions, Risk Free Interest Rate     6.30%
Plains Exploration & Production Company [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Liabilities assumed in the acquisitions of PXP and MMR     $ 741,000,000
McMoRan Exploration Co [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Liabilities assumed in the acquisitions of PXP and MMR     $ 287,000,000
Freeport-McMoRan Oil & Gas [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Liabilities incurred 79,000,000    
Long-term portion $ 1,100,000,000    
Productive Oil Wells, Number of Wells, Gross 6,400    
Asset Retirement Obligations, Number of Platforms 180    
Guarantees [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Financial Assurance Obligations $ 617,000,000    
Guarantees [Member] | Freeport-McMoRan Oil & Gas [Member]      
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]      
Financial Assurance Obligations $ 1,500,000,000    
[1] The fair value of AROs assumed in the acquisitions of PXP and MMR ($741 million and $287 million, respectively) were estimated based on projected cash flows, an estimated long-term annual inflation rate of 2.5 percent and discount rates based on FCX's estimated credit-adjusted, risk-free interest rates ranging from 1.3 percent to 6.3 percent.
[2] Primarily reflects updates to the closure approach to reclaim an overburden stockpile in Indonesia.