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Business Segments (Unaudited) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
May 31, 2016
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
May 30, 2016
Dec. 31, 2015
Revenues:              
Unaffiliated customers   $ 3,334 $ 3,938 $ 6,576 $ 7,709    
Intersegment   0 0 0 0    
Production and delivery   2,956 2,651 5,455 5,330    
Depreciation, depletion and amortization   632 833 1,294 1,699    
Impairment of oil and gas properties   291 2,686 4,078 5,790    
Selling, general and administrative expenses   160 148 298 299    
Mining exploration and research expenses   15 30 33 57    
Environmental obligations and shutdown costs   11 11 21 24    
Net gain on sales of assets   (749) 0 (749) (39)    
Operating income (loss)   18 (2,421) (3,854) (5,451)    
Interest expense, net   196 142 387 281    
Provision for (benefit from) income taxes   116 (699) 193 (1,413)    
Total Assets   41,296 54,008 41,296 54,008   $ 46,577
Capital expenditures   833 1,661 1,815 3,528    
Restructuring Costs   (37)   39      
Disposal Group, Including Discontinued Operation, Assets   4,700 4,900 4,700 4,900    
Oil and gas inventory write downs   (2) (59) (7) (63)    
Mining Operations [Member]              
Revenues:              
Unaffiliated customers   2,924 [1] 3,369 [1] 5,871 [2] 6,640 [2]    
Intersegment   0 [1] 0 [1] 0 [2] 0 [2]    
Production and delivery   2,057 [1] 2,368 [1] 4,146 [2] 4,761 [2]    
Depreciation, depletion and amortization   410 [1] 345 [1] 814 [2] 677 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   32 [1] 37 [1] 57 [2] 75 [2]    
Mining exploration and research expenses   15 [1] 30 [1] 33 [2] 57 [2]    
Environmental obligations and shutdown costs   10 [1] 11 [1] 20 [2] 24 [2]    
Net gain on sales of assets   (749) [1]   (749) [2] (39) [2]    
Operating income (loss)   1,149 [1] 578 [1] 1,550 [2] 1,085 [2]    
Interest expense, net   44 [1] 42 [1] 91 [2] 87 [2]    
Provision for (benefit from) income taxes   61 [1] 101 [1] 136 [2] 154 [2]    
Total Assets [1]   37,069 38,434 37,069 38,434    
Capital expenditures   441 [1] 855 [1] 900 [2] 1,689 [2]    
North America Copper Mines [Member]              
Revenues:              
Unaffiliated customers   122 [1] 272 [1] 340 [2] 493 [2]    
Intersegment   938 [1] 1,133 [1] 1,856 [2] 2,247 [2]    
Production and delivery   726 [1] 962 [1] 1,514 [2] 1,905 [2]    
Depreciation, depletion and amortization   134 [1] 139 [1] 278 [2] 272 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   2 [1] 2 [1] 3 [2] 3 [2]    
Mining exploration and research expenses   0 [1] 2 [1] 1 [2] 5 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   (577) [1]   (577) [2] (39) [2]    
Operating income (loss)   775 [1] 300 [1] 977 [2] 594 [2]    
Interest expense, net   1 [1] 1 [1] 2 [2] 2 [2]    
Provision for (benefit from) income taxes   0 [1] 0 [1] 0 [2] 0 [2]    
Total Assets [1]   7,636 9,388 7,636 9,388    
Capital expenditures   42 [1] 107 [1] 76 [2] 214 [2]    
Morenci [Member]              
Revenues:              
Unaffiliated customers   79 [1] 180 [1] 241 [2] 286 [2]    
Intersegment   404 [1] 427 [1] 761 [2] 877 [2]    
Production and delivery   298 [1] 386 [1] 638 [2] 760 [2]    
Depreciation, depletion and amortization   57 [1] 55 [1] 119 [2] 106 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   1 [1] 0 [1] 1 [2] 1 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   (577) [1]   (577) [2] 0 [2]    
Operating income (loss)   704 [1] 166 [1] 821 [2] 296 [2]    
Interest expense, net   0 [1] 0 [1] 1 [2] 1 [2]    
Provision for (benefit from) income taxes   0 [1] 0 [1] 0 [2] 0 [2]    
Total Assets [1]   2,960 3,806 2,960 3,806    
Capital expenditures   37 [1] 79 [1] 65 [2] 163 [2]    
Other North America Copper Mines [Member]              
Revenues:              
Unaffiliated customers   43 [1] 92 [1] 99 [2] 207 [2]    
Intersegment   534 [1] 706 [1] 1,095 [2] 1,370 [2]    
Production and delivery   428 [1] 576 [1],[3] 876 [2] 1,145 [2],[4]    
Depreciation, depletion and amortization   77 [1] 84 [1] 159 [2] 166 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   1 [1] 2 [1] 2 [2] 2 [2]    
Mining exploration and research expenses   0 [1] 2 [1] 1 [2] 5 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] (39) [2]    
Operating income (loss)   71 [1] 134 [1] 156 [2] 298 [2]    
Interest expense, net   1 [1] 1 [1] 1 [2] 1 [2]    
Provision for (benefit from) income taxes   0 [1] 0 [1] 0 [2] 0 [2]    
Total Assets [1]   4,676 5,582 4,676 5,582    
Capital expenditures   5 [1] 28 [1] 11 [2] 51 [2]    
Oil and gas inventory write downs     (11)   (11)    
South America Mines [Member]              
Revenues:              
Unaffiliated customers   617 [1] 416 [1] 1,247 [2] 895 [2]    
Intersegment   60 [1] 37 [1] 101 [2] 44 [2]    
Production and delivery   406 [1] 315 [1] 816 [2] 660 [2]    
Depreciation, depletion and amortization   136 [1] 72 [1] 268 [2] 147 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   2 [1] 1 [1] 4 [2] 2 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] 0 [2]    
Operating income (loss)   133 [1] 65 [1] 260 [2] 130 [2]    
Interest expense, net   20 [1] 0 [1] 42 [2] 1 [2]    
Provision for (benefit from) income taxes   43 [1] 6 [1] 82 [2] 30 [2]    
Total Assets [1]   10,939 10,502 10,939 10,502    
Capital expenditures   136 [1] 457 [1] 293 [2] 902 [2]    
Cerro Verde [Member]              
Revenues:              
Unaffiliated customers   494 [1] 195 [1] 980 [2] 443 [2]    
Intersegment   60 [1] 37 [1] 101 [2] 51 [2]    
Production and delivery   303 [1] 165 [1] 594 [2] 363 [2]    
Depreciation, depletion and amortization   109 [1] 40 [1] 210 [2] 77 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   2 [1] 0 [1] 4 [2] 1 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] 0 [2]    
Operating income (loss)   140 [1] 27 [1] 273 [2] 53 [2]    
Interest expense, net   20 [1] 0 [1] 42 [2] 1 [2]    
Provision for (benefit from) income taxes   45 [1] (5) [1] 90 [2] 0 [2]    
Total Assets [1]   9,330 8,567 9,330 8,567    
Capital expenditures   135 [1] 444 [1] 291 [2] 875 [2]    
Other South America Mines [Member]              
Revenues:              
Unaffiliated customers   123 [1] 221 [1] 267 [2] 452 [2]    
Intersegment   0 [1] 0 [1] 0 [2] (7) [2],[5]    
Production and delivery   103 [1] 150 [1] 222 [2] 297 [2]    
Depreciation, depletion and amortization   27 [1] 32 [1] 58 [2] 70 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   0 [1] 1 [1] 0 [2] 1 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] 0 [2]    
Operating income (loss)   (7) [1] 38 [1] (13) [2] 77 [2]    
Interest expense, net   0 [1] 0 [1] 0 [2] 0 [2]    
Provision for (benefit from) income taxes   (2) [1] 11 [1] (8) [2] 30 [2]    
Total Assets [1]   1,609 1,935 1,609 1,935    
Capital expenditures   1 [1] 13 [1] 2 [2] 27 [2]    
Indonesia - Grasberg [Member]              
Revenues:              
Unaffiliated customers   532 [1],[6] 792 [1],[6] 1,030 [2],[7] 1,413 [2],[7]    
Intersegment   (1) [1],[8] (2) [1],[8] 57 [2] (16) [2],[5]    
Production and delivery   356 [1] 455 [1] 750 [2] 894 [2]    
Depreciation, depletion and amortization   93 [1] 78 [1] 174 [2] 148 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   22 [1] 25 [1] 36 [2] 50 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] 0 [2]    
Operating income (loss)   60 [1] 232 [1] 127 [2] 305 [2]    
Interest expense, net   0 [1] 0 [1] 0 [2] 0 [2]    
Provision for (benefit from) income taxes   18 [1] 95 [1] 54 [2] 124 [2]    
Total Assets [1]   9,550 8,959 9,550 8,959    
Capital expenditures   234 [1] 213 [1] 459 [2] 438 [2]    
Molybdenum mines [Member]              
Revenues:              
Unaffiliated customers   0 [1] 0 [1] 0 [2] 0 [2]    
Intersegment   45 [1] 102 [1] 90 [2] 215 [2]    
Production and delivery   50 [1] 84 [1],[3] 102 [2] 167 [2],[4]    
Depreciation, depletion and amortization   17 [1] 25 [1] 36 [2] 51 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] 0 [2]    
Operating income (loss)   (22) [1] (7) [1] (48) [2] (3) [2]    
Interest expense, net   0 [1] 0 [1] 0 [2] 0 [2]    
Provision for (benefit from) income taxes   0 [1] 0 [1] 0 [2] 0 [2]    
Total Assets [1]   1,969 2,052 1,969 2,052    
Capital expenditures   0 [1] 4 [1] 1 [2] 7 [2]    
Oil and gas inventory write downs     (3)   (3)    
Rod & Refining [Member]              
Revenues:              
Unaffiliated customers   919 [1] 1,089 [1] 1,890 [2] 2,151 [2]    
Intersegment   7 [1] 8 [1] 15 [2] 15 [2]    
Production and delivery   919 [1] 1,088 [1] 1,889 [2] 2,151 [2]    
Depreciation, depletion and amortization   3 [1] 3 [1] 5 [2] 5 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] 0 [2]    
Operating income (loss)   4 [1] 6 [1] 11 [2] 10 [2]    
Interest expense, net   0 [1] 0 [1] 0 [2] 0 [2]    
Provision for (benefit from) income taxes   0 [1] 0 [1] 0 [2] 0 [2]    
Total Assets [1]   217 286 217 286    
Capital expenditures   0 [1] 0 [1] 1 [2] 1 [2]    
Atlantic Copper Smelting & Refining [Member]              
Revenues:              
Unaffiliated customers   493 [1] 495 [1] 915 [2] 1,035 [2]    
Intersegment   2 [1] 5 [1] 3 [2] 11 [2]    
Production and delivery   466 [1] 468 [1] 859 [2] 987 [2]    
Depreciation, depletion and amortization   7 [1] 9 [1] 15 [2] 19 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   4 [1] 4 [1] 8 [2] 9 [2]    
Mining exploration and research expenses   0 [1] 0 [1] 0 [2] 0 [2]    
Environmental obligations and shutdown costs   0 [1] 0 [1] 0 [2] 0 [2]    
Net gain on sales of assets   0 [1]   0 [2] 0 [2]    
Operating income (loss)   18 [1] 19 [1] 36 [2] 31 [2]    
Interest expense, net   4 [1] 2 [1] 8 [2] 5 [2]    
Provision for (benefit from) income taxes   0 [1] 0 [1] 0 [2] 0 [2]    
Total Assets [1]   607 786 607 786    
Capital expenditures   5 [1] 4 [1] 7 [2] 8 [2]    
Other Mining & Eliminations [Member]              
Revenues:              
Unaffiliated customers   241 [1],[9] 305 [1],[9] 449 [2],[10] 653 [2],[10]    
Intersegment   (1,051) [1] (1,283) [1] (2,122) [2] (2,516) [2]    
Production and delivery   (866) [1] (1,004) [1],[3] (1,784) [2] (2,003) [2],[4]    
Depreciation, depletion and amortization   20 [1] 19 [1] 38 [2] 35 [2]    
Impairment of oil and gas properties   0 [1] 0 [1] 0 [2] 0 [2]    
Selling, general and administrative expenses   2 [1] 5 [1] 6 [2] 11 [2]    
Mining exploration and research expenses   15 [1] 28 [1] 32 [2] 52 [2]    
Environmental obligations and shutdown costs   10 [1] 11 [1] 20 [2] 24 [2]    
Net gain on sales of assets   (172) [1]   (172) [2] 0 [2]    
Operating income (loss)   181 [1] (37) [1] 187 [2] 18 [2]    
Interest expense, net   19 [1] 39 [1] 39 [2] 79 [2]    
Provision for (benefit from) income taxes   0 [1] 0 [1] 0 [2] 0 [2]    
Total Assets [1],[11]   6,151 6,461 6,151 6,461    
Capital expenditures   24 [1],[12] 70 [1],[12] 63 [2],[13] 119 [2],[13]    
Oil and gas inventory write downs     (45)   (49)    
U.S. Oil & Gas Operations [Member]              
Revenues:              
Unaffiliated customers   410 569 [14] 705 1,069 [15]    
Intersegment   0 0 0 0    
Production and delivery   889 [16] 281 [16] 1,296 [17] 564 [17]    
Depreciation, depletion and amortization   218 485 473 1,015    
Impairment of oil and gas properties   290 2,686 4,061 5,790    
Selling, general and administrative expenses   81 [18] 49 130 [19] 103    
Mining exploration and research expenses   0 0 0 0    
Environmental obligations and shutdown costs   0 0 0 0    
Net gain on sales of assets   0   0 0    
Operating income (loss)   (1,068) (2,932) (5,255) (6,403)    
Interest expense, net   93 41 164 78    
Provision for (benefit from) income taxes   0 0 0 0    
Total Assets   3,902 15,393 3,902 15,393    
Capital expenditures   388 [20] 777 [20] 868 [21] 1,795 [21]    
Oil and Gas Drillship settlement/Idle rig costs and inventory write downs   (692) (22) (892) (39)    
Corporate, Other & Eliminations [Member]              
Revenues:              
Unaffiliated customers   0 0 0 0    
Intersegment   0 0 0 0    
Production and delivery   10 2 13 5    
Depreciation, depletion and amortization   4 3 7 7    
Impairment of oil and gas properties   1 [22] 0 17 [23] 0    
Selling, general and administrative expenses   47 62 111 121    
Mining exploration and research expenses   0 0 0 0    
Environmental obligations and shutdown costs   1 0 1 0    
Net gain on sales of assets   0   0 0    
Operating income (loss)   (63) (67) (149) (133)    
Interest expense, net   59 59 132 116    
Provision for (benefit from) income taxes   55 (800) 57 (1,567)    
Total Assets   325 181 325 181    
Capital expenditures   $ 4 29 $ 47 44    
Crude oil and natural gas swaps [Member]              
Revenues:              
Net mark-to-market gains on derivative contracts     6   58    
Pt Smelting [Member]              
Segment Reporting Information [Line Items]              
Deferred Intercompany Profit, Percentage       25.00%      
Equity Method Investment, Ownership Percentage   25.00%   25.00%      
Revenues:              
Revenues   $ 287 293 $ 564 643    
Morocco | Corporate, Other & Eliminations [Member]              
Revenues:              
Capital expenditures [20]   4 29 47 44    
Discontinued Operations, Held-for-sale [Member] | Other Mining & Eliminations [Member]              
Revenues:              
Capital expenditures [20]   $ 20 $ 58 $ 55 $ 97    
Morenci [Member]              
Segment Reporting Information [Line Items]              
Change in Ownership, Percentage       13.00%      
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Morenci [Member]              
Segment Reporting Information [Line Items]              
Change in Ownership, Percentage 13.00%            
Percentage Of Undivided Interest Owned By Company   72.00%   72.00%   85.00%  
[1] Excludes the results of Tenke, which is reported as discontinued operations (refer to Note 2).
[2] Excludes the results of Tenke, which is reported as discontinued operations (refer to Note 2).
[3] Includes inventory adjustments totaling $11 million at other North America copper mines, $3 million at Molybdenum mines and $45 million at Other Mining & Eliminations.
[4] Includes inventory adjustments totaling $11 million at other North America copper mines, $3 million at Molybdenum mines and $49 million at Other Mining & Eliminations for the first six months of 2015.
[5] Reflects net reductions for provisional pricing adjustments to prior period open sales. There were no intersegment sales from El Abra or Grasberg for the first six months of 2015.
[6] Includes PT-FI’s sales to PT Smelting totaling $287 million in second-quarter 2016 and $293 million in second-quarter 2015.
[7] Includes PT-FI's sales to PT Smelting totaling $564 million for the first six months of 2016 and $643 million for the first six months of 2015.
[8] Reflects net reductions for provisional pricing adjustments to prior period open sales. There were no intersegment sales from Grasberg in second-quarter 2016 or 2015.
[9] Includes revenues from FCX's molybdenum sales company, which includes sales of molybdenum produced by the Molybdenum mines and by certain of the North and South America copper mines.
[10] Includes revenues from FCX's molybdenum sales company, which includes sales of molybdenum produced by the Molybdenum mines and by certain of the North and South America copper mines.
[11] Includes assets held for sale totaling $4.7 billion at June 30, 2016 and $4.9 billion at June 30, 2015, associated with discontinued operations (refer to Note 2).
[12] Includes capital expenditures of $20 million in second-quarter 2016 and $58 million in second-quarter 2015 associated with discontinued operations.
[13] Includes capital expenditures of $55 million for the first six months of 2016 and $97 million for the first six months of 2015 associated with discontinued operations.
[14] Includes net mark-to-market gains of $6 million associated with crude oil derivative contracts.
[15] Includes net mark-to-market gains of $58 million associated with crude oil derivative contracts.
[16] Includes charges at oil and gas operations totaling $692 million in second-quarter 2016 and $22 million in second-quarter 2015, primarily associated with drillship settlement/idle rig costs and inventory write-downs.
[17] Includes charges at oil and gas operations totaling $892 million for the first six months of 2016 and $39 million for the first six months of 2015, primarily associated with drillship settlement/idle rig costs and inventory write downs.
[18] Includes $37 million for net restructuring charges.
[19] Includes $39 million for net restructuring charges.
[20] Excludes international oil and gas capital expenditures totaling $4 million in second-quarter 2016 and $29 million in second-quarter 2015, primarily related to the Morocco oil and gas properties, which are included in Corporate, Other & Eliminations.
[21] Excludes international oil and gas capital expenditures totaling $47 million for the first six months of 2016 and $44 million for the first six months of 2015, primarily related to the Morocco oil and gas properties, which are included in Corporate, Other & Eliminations.
[22] Reflects impairment charges for international oil and gas properties primarily in Morocco
[23] Reflects impairment charges for international oil and gas properties primarily in Morocco.