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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flow from operating activities:      
Net (loss) income $ (12,089,000,000) $ (745,000,000) $ 3,441,000,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation, depletion and amortization 3,497,000,000 3,863,000,000 2,797,000,000
Impairment of oil and gas properties and goodwill 13,144,000,000 5,454,000,000 0
Copper and molybdenum inventory adjustments 338,000,000 6,000,000 3,000,000
Other asset impairments, inventory write-downs, restructuring and other 256,000,000 18,000,000 0
Net gain on sales of assets (39,000,000) (717,000,000) 0
Net (gains) losses on crude oil and natural gas derivative contracts (87,000,000) (504,000,000) 334,000,000
Gain on investment in MMR 0 0 (128,000,000)
Stock-based compensation 85,000,000 106,000,000 173,000,000
Net charges for environmental and asset retirement obligations, including accretion 209,000,000 200,000,000 164,000,000
Payments for environmental and asset retirement obligations (198,000,000) (176,000,000) (237,000,000)
Net (gain) loss on early extinguishment of debt 0 (73,000,000) 35,000,000
Deferred income taxes (2,039,000,000) (929,000,000) 277,000,000
Increase in long-term mill and leach stockpiles (212,000,000) (233,000,000) (431,000,000)
Other, net (18,000,000) (7,000,000) 88,000,000
Changes in working capital and other tax payments, excluding amounts from acquisitions and dispositions:      
Accounts receivable 813,000,000 215,000,000 49,000,000
Inventories 379,000,000 (249,000,000) (288,000,000)
Other current assets 97,000,000 0 26,000,000
Accounts payable and accrued liabilities (217,000,000) (394,000,000) (359,000,000)
Accrued income taxes and changes in other tax payments (699,000,000) (204,000,000) 195,000,000
Net cash provided by operating activities 3,220,000,000 5,631,000,000 6,139,000,000
Capital expenditures:      
North America copper mines (355,000,000) (969,000,000) (1,066,000,000)
South America (1,722,000,000) (1,785,000,000) (1,145,000,000)
Indonesia (913,000,000) (948,000,000) (1,030,000,000)
Molybdenum mines (13,000,000) (54,000,000) (164,000,000)
United States oil and gas operations (2,948,000,000) (3,205,000,000) (1,436,000,000)
Other (402,000,000) (254,000,000) (445,000,000)
Acquisitions of Deepwater Gulf of Mexico interests 0 (1,426,000,000) 0
Acquisition of Plains Exploration & Production Company, net of cash acquired 0 0 (3,465,000,000)
Acquisition of MMR, net of cash acquired 0 0 (1,628,000,000)
Acquisition of cobalt chemical business, net of cash acquired 0 0 (348,000,000)
Net proceeds from sale of Candelaria and Ojos del Salado 0 1,709,000,000 0
Net proceeds from sale of Eagle Ford shale assets 0 2,910,000,000 0
Other, net 107,000,000 221,000,000 (181,000,000)
Net cash used in investing activities (6,246,000,000) (3,801,000,000) (10,908,000,000)
Cash flow from financing activities:      
Proceeds from debt 8,272,000,000 8,710,000,000 11,501,000,000
Repayments of debt (6,677,000,000) (10,306,000,000) (5,476,000,000)
Net proceeds from sale of common stock 1,936,000,000 0 0
Redemption of MMR preferred stock 0 0 (228,000,000)
Cash dividends and distributions paid:      
Common stock (605,000,000) (1,305,000,000) (2,281,000,000)
Noncontrolling interests (120,000,000) (424,000,000) (256,000,000)
Stock-based awards net (payments) proceeds, including excess tax benefit (4,000,000) 9,000,000 (98,000,000)
Debt financing costs and other, net (16,000,000) (35,000,000) (113,000,000)
Net cash provided by (used in) financing activities 2,786,000,000 (3,351,000,000) 3,049,000,000
Net decrease in cash and cash equivalents (240,000,000) (1,521,000,000) (1,720,000,000)
Decrease (increase) in cash and cash equivalents in assets held for sale 118,000,000 (70,000,000) 59,000,000
Cash and cash equivalents at beginning of year 317,000,000 1,908,000,000 3,569,000,000
Cash and cash equivalents at end of year $ 195,000,000 $ 317,000,000 $ 1,908,000,000