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COMMITMENTS AND GUARANTEES (Mining Contracts) (Details)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
$ / lb
Contractual obligations mining contracts [line items]        
Assurance Bond, Smelter Development [1]   $ 118 $ 115  
PT Freeport Indonesia [Member]        
Contractual obligations mining contracts [line items]        
Number of Extention Periods Available Under Mining Contract   2    
Period For Option To Extend Mining Contract   10 years    
Copper Royalty Rate Payable (in hundredths)   4.00%   3.50%
Gold And Silver Sales Royalty Rate (in hundredths)   3.75%   1.00%
Quantity of ore produced subject to additional royalties       200,000
Assurance Bond, Smelter Development   $ 115    
Expiration Date, Memorandum of Understanding with Foreign Government   Jul. 25, 2015    
Royalty Expense   $ 114 115 $ 109
Export Duties Expense   $ 109 77  
Export Permit Renewal Term   6 months    
Effective Date, Export Permit   Jul. 29, 2015    
Expiration Date, Export Permit   Jan. 28, 2016    
Incremental Percent of Undivided Interest Owned by Third Party   20.64%    
Tenke Fungurume [Member]        
Contractual obligations mining contracts [line items]        
Royalty Expense   $ 25 $ 29 $ 29
Royalty Rate Payable Under Amended And Restated Mining Convention (in hundredths)   2.00%    
Stage 1 [Member] | PT Freeport Indonesia [Member]        
Contractual obligations mining contracts [line items]        
Progressive Export Duty on Copper Concentrates, Percent   7.50%    
Stage 2 [Member] | PT Freeport Indonesia [Member]        
Contractual obligations mining contracts [line items]        
Progressive Export Duty on Copper Concentrates, Percent   5.00%    
Smelter Development Progress, Percent   7.50%    
Stage 3 [Member] | PT Freeport Indonesia [Member]        
Contractual obligations mining contracts [line items]        
Progressive Export Duty on Copper Concentrates, Percent   0.00%    
Smelter Development Progress, Percent   30.00%    
Maximum [Member] | PT Freeport Indonesia [Member]        
Contractual obligations mining contracts [line items]        
Copper Royalty Rate Payable (in hundredths)       3.50%
Price Of Copper Per Pound | $ / lb       1.10
Minimum [Member] | PT Freeport Indonesia [Member]        
Contractual obligations mining contracts [line items]        
Copper Royalty Rate Payable (in hundredths)       1.50%
Price Of Copper Per Pound | $ / lb       0.90
Subsequent Event [Member] | PT Freeport Indonesia [Member]        
Contractual obligations mining contracts [line items]        
Effective Date, Export Permit Feb. 09, 2016      
Expiration Date, Export Permit Aug. 08, 2016      
[1] Relates to PT-FI's commitment for smelter development in Indonesia (refer to Note 13 for further discussion).