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Guarantor Financial Statements (Unaudited) Condensed Consolidating Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues $ 3,334 $ 3,938 $ 6,576 $ 7,709
Total costs and expenses 3,316 6,359 10,430 13,160
Operating (loss) income 18 (2,421) (3,854) (5,451)
Interest expense, net (196) (142) (387) (281)
Other income (expense), net 64 36 100 43
Loss before income taxes and equity in affiliated companies' net earnings (114) (2,527) (4,141) (5,689)
(Provision for) benefit from income taxes (116) 699 (193) 1,413
Equity in affiliated companies' net (losses) earnings 1 0 8 1
Net loss from continuing operations (229) (1,828) (4,326) (4,275)
Net (loss) income from discontinued operations (181) 29 (185) 70
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (410) (1,799) (4,511) (4,205)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends (57) (26) (130) (68)
Net income from discontinued operations attributable to noncontrolling interests (12) (26) (22) (52)
Net loss attributable to common stockholders (479) (1,851) (4,663) (4,325)
Other comprehensive income (loss) 15 9 15 21
Total comprehensive (loss) income (464) (1,842) (4,648) (4,304)
Impairment of oil and gas properties 291 2,686 4,078 5,790
FCX Issuer [Member]        
Revenues 0 0 0 0
Total costs and expenses 17 19 44 35
Operating (loss) income (17) (19) (44) (35)
Interest expense, net (141) (121) (278) (236)
Other income (expense), net 107 127 157 156
Loss before income taxes and equity in affiliated companies' net earnings (51) (13) (165) (115)
(Provision for) benefit from income taxes (345) (265) (2,128) (686)
Equity in affiliated companies' net (losses) earnings (90) (1,573) (2,376) (3,524)
Net loss from continuing operations (486) (1,851) (4,669) (4,325)
Net (loss) income from discontinued operations 5 0 5 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (481) (1,851) (4,664) (4,325)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends 0 0 0 0
Net income from discontinued operations attributable to noncontrolling interests 0 0 0 0
Net loss attributable to common stockholders (481) (1,851) (4,664) (4,325)
Other comprehensive income (loss) 15 9 15 21
Total comprehensive (loss) income (466) (1,842) (4,649) (4,304)
Impairment of oil and gas properties     0 0
FM O&G LLC Guarantor [Member]        
Revenues 106 169 184 350
Total costs and expenses 964 [1] 1,217 [2] 2,593 [3] 2,535 [4]
Operating (loss) income (858) (1,048) (2,409) (2,185)
Interest expense, net (15) (2) (19) (6)
Other income (expense), net 0 0 0 0
Loss before income taxes and equity in affiliated companies' net earnings (873) (1,050) (2,428) (2,191)
(Provision for) benefit from income taxes 306 374 922 790
Equity in affiliated companies' net (losses) earnings (280) (1,920) (2,984) (4,279)
Net loss from continuing operations (847) (2,596) (4,490) (5,680)
Net (loss) income from discontinued operations 0 0 0 0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (847) (2,596) (4,490) (5,680)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends 0 0 0 0
Net income from discontinued operations attributable to noncontrolling interests 0 0 0 0
Net loss attributable to common stockholders (847) (2,596) (4,490) (5,680)
Other comprehensive income (loss) 0 0 0 0
Total comprehensive (loss) income (847) (2,596) (4,490) (5,680)
Impairment of oil and gas properties 200 1,000 1,436 2,052
Impairment of Oil and Gas Properties rounded     1,500  
Non-Guarantor Subsidiaries [Member]        
Revenues 3,228 3,769 6,392 7,359
Total costs and expenses 2,335 [1] 5,120 [2] 7,787 [3] 10,603 [4]
Operating (loss) income 893 (1,351) (1,395) (3,244)
Interest expense, net (124) (53) (238) (96)
Other income (expense), net 28 (57) 68 (49)
Loss before income taxes and equity in affiliated companies' net earnings 797 (1,461) (1,565) (3,389)
(Provision for) benefit from income taxes (69) 592 1,019 1,317
Equity in affiliated companies' net (losses) earnings (853) (2,972) (4,483) (6,502)
Net loss from continuing operations (125) (3,841) (5,029) (8,574)
Net (loss) income from discontinued operations (175) 22 (169) 56
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (300) (3,819) (5,198) (8,518)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends (50) (12) (117) (42)
Net income from discontinued operations attributable to noncontrolling interests (12) (26) (22) (52)
Net loss attributable to common stockholders (362) (3,857) (5,337) (8,612)
Other comprehensive income (loss) 15 9 15 21
Total comprehensive (loss) income (347) (3,848) (5,322) (8,591)
Impairment of oil and gas properties 100 1,700 2,622 3,717
Consolidation, Eliminations [Member]        
Revenues 0 0 0 0
Total costs and expenses 0 3 6 (13)
Operating (loss) income 0 (3) (6) 13
Interest expense, net 84 34 148 57
Other income (expense), net (71) (34) (125) (64)
Loss before income taxes and equity in affiliated companies' net earnings 13 (3) 17 6
(Provision for) benefit from income taxes (8) (2) (6) (8)
Equity in affiliated companies' net (losses) earnings 1,224 6,465 9,851 14,306
Net loss from continuing operations 1,229 6,460 9,862 14,304
Net (loss) income from discontinued operations (11) 7 (21) 14
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,218 6,467 9,841 14,318
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends (7) (14) (13) (26)
Net income from discontinued operations attributable to noncontrolling interests 0 0 0 0
Net loss attributable to common stockholders 1,211 6,453 9,828 14,292
Other comprehensive income (loss) (15) (9) (15) (21)
Total comprehensive (loss) income $ 1,196 $ 6,444 9,813 14,271
Impairment of oil and gas properties     $ 20 $ 21
[1] Includes charges totaling $0.2 billion at the FM O&G LLC guarantor and $0.1 billion at the non-guarantor subsidiaries related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.
[2] Includes charges totaling $1.0 billion at the FM O&G LLC guarantor and $1.7 billion at the non-guarantor subsidiaries related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.
[3] Includes charges totaling $1.5 billion at the FM O&G LLC guarantor and $2.6 billion at the non-guarantor subsidiaries related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.
[4] Includes charges totaling $2.1 billion at the FM O&G LLC guarantor and $3.7 billion at the non-guarantor subsidiaries related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.