XML 61 R44.htm IDEA: XBRL DOCUMENT v3.19.1
Guarantor Financial Statements (Unaudited) Condensed Consolidating Statements of Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues $ 3,792 $ 4,868
Total costs and expenses 3,471 3,409
Operating income (loss) 321 1,459
Interest expense, net (146) (151)
Other Nonoperating Income (Expense) 8 28
Net loss on early extinguishment of debt (6) (1)
Income from continuing operations before income taxes and equity in affiliated companies’ net losses 183 1,336
Provision for income taxes (105) (506)
Equity in affiliated companies’ net earnings (losses) (3) (2)
Net income from continuing operations 75 828
Net gain (loss) from discontinued operations 1 (11)
Net income 76 817
Net income from continuing operations attributable to noncontrolling interests (45) (125)
Net income attributable to common stockholders 31 692
Other comprehensive income (loss) 11 12
Total comprehensive income (loss) 42 704
Eliminations [Member]    
Revenues 0 0
Total costs and expenses (2) (1)
Operating income (loss) 2 1
Interest expense, net 139 102
Other Nonoperating Income (Expense) (73) (102)
Income from continuing operations before income taxes and equity in affiliated companies’ net losses 68 1
Provision for income taxes 0 0
Equity in affiliated companies’ net earnings (losses) (15) (749)
Net income from continuing operations 53 (748)
Net gain (loss) from discontinued operations 0 0
Net income 53 (748)
Net income from continuing operations attributable to noncontrolling interests (11) (54)
Net income attributable to common stockholders 42 (802)
Other comprehensive income (loss) (11) (12)
Total comprehensive income (loss) 31 (814)
FCX Issuer [Member] | Reportable Legal Entities [Member]    
Revenues 0 0
Total costs and expenses 13 9
Operating income (loss) (13) (9)
Interest expense, net (90) (104)
Other Nonoperating Income (Expense) 65 101
Income from continuing operations before income taxes and equity in affiliated companies’ net losses (38) (12)
Provision for income taxes (1) (83)
Equity in affiliated companies’ net earnings (losses) 70 787
Net income from continuing operations 31 692
Net gain (loss) from discontinued operations 0 0
Net income 31 692
Net income from continuing operations attributable to noncontrolling interests 0 0
Net income attributable to common stockholders 31 692
Other comprehensive income (loss) 11 12
Total comprehensive income (loss) 42 704
FM O&G LLC Guarantor [Member] | Reportable Legal Entities [Member]    
Revenues 3 15
Total costs and expenses 0 8
Operating income (loss) 3 7
Interest expense, net (86) (64)
Other Nonoperating Income (Expense) 0 0
Income from continuing operations before income taxes and equity in affiliated companies’ net losses (83) (57)
Provision for income taxes 18 12
Equity in affiliated companies’ net earnings (losses) 5 (6)
Net income from continuing operations (60) (51)
Net gain (loss) from discontinued operations 0 0
Net income (60) (51)
Net income from continuing operations attributable to noncontrolling interests 0 0
Net income attributable to common stockholders (60) (51)
Other comprehensive income (loss) 0 0
Total comprehensive income (loss) (60) (51)
Non-Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member]    
Revenues 3,789 4,853
Total costs and expenses 3,460 3,393
Operating income (loss) 329 1,460
Interest expense, net (109) (85)
Other Nonoperating Income (Expense) 16 29
Income from continuing operations before income taxes and equity in affiliated companies’ net losses 236 1,404
Provision for income taxes (122) (435)
Equity in affiliated companies’ net earnings (losses) (63) (34)
Net income from continuing operations 51 935
Net gain (loss) from discontinued operations 1 (11)
Net income 52 924
Net income from continuing operations attributable to noncontrolling interests (34) (71)
Net income attributable to common stockholders 18 853
Other comprehensive income (loss) 11 12
Total comprehensive income (loss) $ 29 $ 865