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Debt and Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended
Mar. 04, 2020
Apr. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Mar. 31, 2019
Apr. 03, 2020
Dec. 31, 2019
Total Debt [Abstract]              
Current portion of debt       $ (245)      
Long-term Debt, Current Maturities       245     $ 5
Long-term debt, less current portion       9,829      
Debt             9,826
Long-term Debt and Lease Obligation, Including Current Maturities       10,074      
Proceeds from repayment of debt $ 1,290            
Net gain (loss) on exchanges and early extinguishment of debt       (32) $ (6)    
Interest costs       $ 171 $ 178    
Dividends declared per share of common stock (in dollars per share)       $ 0 $ 0.05    
COVID Response, Dividend Suspended, Price Per Share       $ 0.05      
Long-term debt, less current portion       $ 9,829     9,821
Senior Notes due 2028, 4.125% [Member] [Domain]              
Total Debt [Abstract]              
Debt $ 700            
Stated interest rate 4.125%            
Senior Notes due 2030, 4.25% [Member] [Domain]              
Total Debt [Abstract]              
Debt $ 600            
Stated interest rate 4.25%            
Senior Notes due 2021, 4.00%              
Total Debt [Abstract]              
Stated interest rate 4.00%            
3.55% Senior Notes Due 2022 [Member]              
Total Debt [Abstract]              
Stated interest rate 3.55%            
Property, Plant and Equipment [Member]              
Total Debt [Abstract]              
Interest costs capitalized       44 $ 32    
Line of Credit [Member] | Cerro Verde [Member]              
Total Debt [Abstract]              
Debt             826
Long-term Debt and Lease Obligation, Including Current Maturities       826      
Line of Credit [Member] | Letter of Credit [Member]              
Total Debt [Abstract]              
Letter of credit       13      
Revolving credit facility, availability       1,500      
Line of Credit [Member] | Revolving Credit Facility [Member]              
Total Debt [Abstract]              
Debt       0      
Revolving credit facility, availability       3,500      
Line of Credit [Member] | Revolving Credit Facility [Member] | Maturing 2024 [Member]              
Total Debt [Abstract]              
Revolving credit facility, availability       3,280      
Line of Credit [Member] | Revolving Credit Facility [Member] | Maturing 2023 [Member]              
Total Debt [Abstract]              
Revolving credit facility, availability       220      
Senior Notes [Member]              
Total Debt [Abstract]              
Debt, principal       1,115      
Net gain (loss) on exchanges and early extinguishment of debt       32      
Net Adjustments       5      
Extinguishment of Debt, Amount       1,110      
Tender Value       1,142      
Senior Notes [Member] | Senior Notes due 2021, 4.00%              
Total Debt [Abstract]              
Debt, principal       40      
Net gain (loss) on exchanges and early extinguishment of debt       2      
Net Adjustments       0      
Extinguishment of Debt, Amount       40      
Tender Value       42      
Senior Notes [Member] | 3.55% Senior Notes Due 2022 [Member]              
Total Debt [Abstract]              
Debt, principal       1,075      
Net gain (loss) on exchanges and early extinguishment of debt       30      
Net Adjustments       5      
Extinguishment of Debt, Amount       1,070      
Tender Value       1,100      
Senior Notes [Member] | FCX [Member]              
Total Debt [Abstract]              
Long-term Debt and Lease Obligation, Including Current Maturities       8,773     8,602
Debentures [Member] | Freeport McMoRan Corporation [Member]              
Total Debt [Abstract]              
Long-term Debt and Lease Obligation, Including Current Maturities       357     357
Other Debt, Including Capital Leases and Short Term Borrowings [Member]              
Total Debt [Abstract]              
Debt             $ 41
Long-term Debt and Lease Obligation, Including Current Maturities       $ 118      
Subsequent event | Senior Notes due 2021, 4.00%              
Total Debt [Abstract]              
Stated interest rate           4.00%  
Subsequent event | Senior Notes [Member] | Senior Notes due 2021, 4.00%              
Total Debt [Abstract]              
Extinguishment of Debt, Amount   $ 154          
Forecast              
Total Debt [Abstract]              
Net gain (loss) on exchanges and early extinguishment of debt     $ (9)