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GUARANTOR FINANCIAL STATEMENTS (Condensed Consolidating Comprehensive (Loss) Income) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Revenues $ 5,041 $ 4,310 $ 3,711 $ 3,341 $ 4,377 $ 3,877 $ 3,334 $ 3,242 $ 16,403 $ 14,830 $ 14,607
Costs and Expenses                 12,770 17,622 28,119
Operating income (loss) 1,467 917 669 580 703 359 18 (3,872) 3,633 (2,792) (13,512)
Interest expense, net                 (801) (755) (617)
Nonoperating Income (Expense)                 49 49  
Other income, net                 49 49 1
Net gain on early extinguishment and exchanges of debt                 21 26 0
(Loss) income before income taxes and equity in affiliated companies' net (losses) earnings                 2,902 (3,472) (14,128)
Benefit from (provision for) income taxes                 (883) (371) 1,951
Equity in affiliated companies’ net earnings (losses)                 10 11 (3)
Net income (loss) from continuing operations 1,193 242 326 268 202 292 (229) (4,097) 2,029 (3,832) (12,180)
Net income (loss) from discontinued operations 16 3 9 38 (2) (6) (181) (4) 66 (193) 91
Net income (loss) 1,209 245 335 306 200 286 (410) (4,101) 2,095 (4,025) (12,089)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends                 274 66 68
Net income (loss) attributable to noncontrolling interests: Discontinued Operations 0 0 1 3 19 22 12 10 4 63 79
Net (loss) income attributable to common stockholders $ 1,041 $ 280 $ 268 $ 228 $ 292 $ 217 $ (479) $ (4,184) 1,817 (4,154) (12,236)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent                 61 (45) 41
Total comprehensive income (loss)                 1,878 (4,199) (12,195)
Eliminations                      
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Revenues                 0 0 0
Costs and Expenses                 10 10 (11)
Operating income (loss)                 (10) (10) 11
Interest expense, net                 348 333 152
Nonoperating Income (Expense)                 (348) (292)  
Other income, net                     (139)
Net gain on early extinguishment and exchanges of debt                 0 0  
(Loss) income before income taxes and equity in affiliated companies' net (losses) earnings                 (10) 31 24
Benefit from (provision for) income taxes                 3 (12) (9)
Equity in affiliated companies’ net earnings (losses)                 (1,408) 9,511 31,496
Net income (loss) from continuing operations                 (1,415) 9,530 31,511
Net income (loss) from discontinued operations                 0 (39) 0
Net income (loss)                 (1,415) 9,491 31,511
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends                 124 66 33
Net income (loss) attributable to noncontrolling interests: Discontinued Operations                 0 0 0
Net (loss) income attributable to common stockholders                 (1,539) 9,425 31,478
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent                 (61) 45 (41)
Total comprehensive income (loss)                 (1,600) 9,470 31,437
FCX Issuer                      
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Net gain on early extinguishment and exchanges of debt                   26  
FCX Issuer | Reportable Legal Entities                      
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Revenues                 0 0 0
Costs and Expenses                 42 75 60
Operating income (loss)                 (42) (75) (60)
Interest expense, net                 (467) (534) (489)
Nonoperating Income (Expense)                 339 271  
Other income, net                     225
Net gain on early extinguishment and exchanges of debt                 22    
(Loss) income before income taxes and equity in affiliated companies' net (losses) earnings                 (148) (312) (324)
Benefit from (provision for) income taxes                 220 (2,233) (3,227)
Equity in affiliated companies’ net earnings (losses)                 1,745 (1,609) (8,685)
Net income (loss) from continuing operations                 1,817 (4,154) (12,236)
Net income (loss) from discontinued operations                 0 0 0
Net income (loss)                 1,817 (4,154) (12,236)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends                 0 0 0
Net income (loss) attributable to noncontrolling interests: Discontinued Operations                 0 0 0
Net (loss) income attributable to common stockholders                 1,817 (4,154) (12,236)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent                 61 (45) 41
Total comprehensive income (loss)                 1,878 (4,199) (12,195)
FM O&G LLC Guarantor                      
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Impairment of oil and gas properties                   1,500 4,200
FM O&G LLC Guarantor | Reportable Legal Entities                      
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Revenues                 52 379 613
Costs and Expenses                 78 3,074 5,150
Operating income (loss)                 (26) (2,695) (4,537)
Interest expense, net                 (227) (56) (8)
Nonoperating Income (Expense)                 0 0  
Other income, net                     1
Net gain on early extinguishment and exchanges of debt                 5 0  
(Loss) income before income taxes and equity in affiliated companies' net (losses) earnings                 (248) (2,751) (4,544)
Benefit from (provision for) income taxes                 (108) 1,053 1,718
Equity in affiliated companies’ net earnings (losses)                 10 (3,101) (9,976)
Net income (loss) from continuing operations                 (346) (4,799) (12,802)
Net income (loss) from discontinued operations                 0 0 0
Net income (loss)                 (346) (4,799) (12,802)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends                 0 0 0
Net income (loss) attributable to noncontrolling interests: Discontinued Operations                 0 0 0
Net (loss) income attributable to common stockholders                 (346) (4,799) (12,802)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent                 0 0 0
Total comprehensive income (loss)                 (346) (4,799) (12,802)
Non-Guarantor Subsidiaries                      
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Impairment of oil and gas properties                   2,800 8,900
Non-Guarantor Subsidiaries | Reportable Legal Entities                      
Condensed Comprehensive (Loss) Income Statements [Line Items]                      
Revenues                 16,351 14,451 13,994
Costs and Expenses                 12,640 14,463 22,920
Operating income (loss)                 3,711 (12) (8,926)
Interest expense, net                 (455) (498) (272)
Nonoperating Income (Expense)                 58 70  
Other income, net                     (86)
Net gain on early extinguishment and exchanges of debt                 (6) 0  
(Loss) income before income taxes and equity in affiliated companies' net (losses) earnings                 3,308 (440) (9,284)
Benefit from (provision for) income taxes                 (998) 821 3,469
Equity in affiliated companies’ net earnings (losses)                 (337) (4,790) (12,838)
Net income (loss) from continuing operations                 1,973 (4,409) (18,653)
Net income (loss) from discontinued operations                 66 (154) 91
Net income (loss)                 2,039 (4,563) (18,562)
Income (Loss) From Continuing Operations Attributable to Noncontrolling Entity and Preferred Dividends                 150 0 35
Net income (loss) attributable to noncontrolling interests: Discontinued Operations                 4 63 79
Net (loss) income attributable to common stockholders                 1,885 (4,626) (18,676)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent                 61 (45) 41
Total comprehensive income (loss)                 $ 1,946 $ (4,671) $ (18,635)