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SUPPLEMENTARY OIL AND GAS INFORMATION (UNAUDITED) SUPPLEMENTARY OIL AND GAS INFORMATION (UNAUDITED) (Schedule of Results of Operations for Oil and Gas Producing Activities) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Oil and Gas Exploration and Production Industries Disclosures [Abstract]            
Revenues from oil and gas producing activities         $ 1,513 $ 1,994
Production and delivery costs         (1,829) (1,215)
Depreciation, depletion and amortization         (839) (1,772)
Impairment of Oil and Gas Properties $ (200) $ (300) $ (3,800) $ 0 (4,317) (13,144)
Income tax benefit (based on FCX's U.S. federal statutory tax rate)         0 5,368
Results of operations from oil and gas producing activities         (5,472) $ (8,769)
Oil and Gas Drillship settlements/Idle rig and Contract termination costs         $ 926