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GUARANTOR FINANCIAL STATEMENTS (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Jun. 03, 2013
Dec. 31, 2012
ASSETS          
Current assets, other than assets held for sale $ 6,718 $ 8,199      
Current assets held for sale 744 846      
Property, plant, equipment and mining development costs, net 24,246 22,927      
Oil and gas properties, net - full cost method:          
Subject to amortization, less accumulated amortization and impairments 2,262 9,187      
Not subject to amortization 4,831 10,087      
Investment in consolidated subsidiaries 0 0      
Other Assets 3,652 3,429      
Long-term assets held for sale 4,124 3,999      
Total assets 46,577 58,674 $ 63,385    
LIABILITIES AND EQUITY          
Current liabilities, other than liabilities held for sale 4,199 4,979      
Current liabilities held for sale 108 193      
Long-term debt, less current portion 19,779 18,371      
Deferred income taxes 3,607 5,691      
Environmental and asset retirement obligations, less current portion 3,717 3,627      
Investment in consolidated subsidiary 0        
Other liabilities 1,641 1,846      
Long-term liabilities 718 742      
Total liabilities 33,769 35,449      
Redeemable noncontrolling interest 764 751   $ 259  
Equity:          
Stockholders' equity 7,828 18,287      
Noncontrolling interests 4,216 4,187      
Total equity 12,044 22,474 $ 25,231   $ 21,311
Total liabilities and equity 46,577 58,674      
FCX Issuer [Member]          
ASSETS          
Current assets, other than assets held for sale 181 323      
Current assets held for sale 0 0      
Property, plant, equipment and mining development costs, net 26 22      
Oil and gas properties, net - full cost method:          
Subject to amortization, less accumulated amortization and impairments 0 0      
Not subject to amortization 0 0      
Investment in consolidated subsidiaries 24,311 28,765      
Other Assets 5,038 8,914      
Long-term assets held for sale 0 0      
Total assets 29,556 38,024      
LIABILITIES AND EQUITY          
Current liabilities, other than liabilities held for sale 6,012 1,592      
Current liabilities held for sale 0 0      
Long-term debt, less current portion 14,735 14,930      
Deferred income taxes [1] 941 3,161      
Environmental and asset retirement obligations, less current portion 0 0      
Investment in consolidated subsidiary 0        
Other liabilities 40 54      
Long-term liabilities 0 0      
Total liabilities 21,728 19,737      
Redeemable noncontrolling interest 0 0      
Equity:          
Stockholders' equity 7,828 18,287      
Noncontrolling interests 0 0      
Total equity 7,828 18,287      
Total liabilities and equity 29,556 38,024      
FM O&G LLC Guarantor [Member]          
ASSETS          
Current assets, other than assets held for sale 3,831 2,635      
Current assets held for sale 0 0      
Property, plant, equipment and mining development costs, net 57 46      
Oil and gas properties, net - full cost method:          
Subject to amortization, less accumulated amortization and impairments 710 3,296      
Not subject to amortization 1,393 2,447      
Investment in consolidated subsidiaries 0 6,460      
Other Assets 1,826 3,947      
Long-term assets held for sale 0 0      
Total assets 7,817 18,831      
LIABILITIES AND EQUITY          
Current liabilities, other than liabilities held for sale 666 560      
Current liabilities held for sale 0 0      
Long-term debt, less current portion 5,883 3,874      
Deferred income taxes 0 0      
Environmental and asset retirement obligations, less current portion 305 302      
Investment in consolidated subsidiary 0        
Other liabilities 3,360 3,372      
Long-term liabilities 0 0      
Total liabilities 10,214 8,108      
Redeemable noncontrolling interest 0 0      
Equity:          
Stockholders' equity (2,397) 10,723      
Noncontrolling interests 0 0      
Total equity (2,397) 10,723      
Total liabilities and equity 7,817 18,831      
Non-Guarantor Subsidiaries [Member]          
ASSETS          
Current assets, other than assets held for sale 10,238 7,813      
Current assets held for sale 744 846      
Property, plant, equipment and mining development costs, net 24,163 22,859      
Oil and gas properties, net - full cost method:          
Subject to amortization, less accumulated amortization and impairments 1,552 5,907      
Not subject to amortization 3,432 7,640      
Investment in consolidated subsidiaries 0 10,246      
Other Assets 3,586 3,355      
Long-term assets held for sale 4,124 3,999      
Total assets 47,839 62,665      
LIABILITIES AND EQUITY          
Current liabilities, other than liabilities held for sale 5,047 5,399      
Current liabilities held for sale 108 193      
Long-term debt, less current portion 11,594 8,879      
Deferred income taxes 2,666 2,530      
Environmental and asset retirement obligations, less current portion 3,412 3,325      
Investment in consolidated subsidiary 2,397        
Other liabilities 1,732 1,895      
Long-term liabilities 718 742      
Total liabilities 27,674 22,963      
Redeemable noncontrolling interest 764 751      
Equity:          
Stockholders' equity 15,725 35,268      
Noncontrolling interests 3,676 3,683      
Total equity 19,401 38,951      
Total liabilities and equity 47,839 62,665      
Consolidation, Eliminations [Member]          
ASSETS          
Current assets, other than assets held for sale (7,532) (2,572)      
Current assets held for sale 0 0      
Property, plant, equipment and mining development costs, net 0 0      
Oil and gas properties, net - full cost method:          
Subject to amortization, less accumulated amortization and impairments 0 (16)      
Not subject to amortization 6 0      
Investment in consolidated subsidiaries (24,311) (45,471)      
Other Assets (6,798) (12,787)      
Long-term assets held for sale 0 0      
Total assets (38,635) (60,846)      
LIABILITIES AND EQUITY          
Current liabilities, other than liabilities held for sale (7,526) (2,572)      
Current liabilities held for sale 0 0      
Long-term debt, less current portion (12,433) (9,312)      
Deferred income taxes 0 0      
Environmental and asset retirement obligations, less current portion 0 0      
Investment in consolidated subsidiary (2,397)        
Other liabilities (3,491) (3,475)      
Long-term liabilities 0 0      
Total liabilities (25,847) (15,359)      
Redeemable noncontrolling interest 0 0      
Equity:          
Stockholders' equity (13,328) (45,991)      
Noncontrolling interests 540 504      
Total equity (12,788) (45,487)      
Total liabilities and equity $ (38,635) $ (60,846)      
[1] All U.S. related deferred income taxes are recorded at the parent company.