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Business Segments (Segment Reporting) (Details)
lb in Millions, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2020
lb
$ / lb
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
segment
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Segment Reporting Information [Line Items]            
Number of Operating Segments | segment       4    
Deferred Intercompany Profit, Percentage       25.00%    
Revenues   $ 3,054 $ 3,546 $ 5,852 $ 7,338  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (2,394) (3,005) (4,939) (5,929)  
Cost, Depreciation, Amortization and Depletion   358 352 699 699  
Metals inventory adjustments   (139) 2 83 59  
Selling, general and administrative expenses   (91) (92) (201) (199)  
Mining exploration and research expenses   18 31 34 58  
Environmental obligations and shutdown costs   11 23 37 65  
Net gain on sales of assets   0 8 11 (25)  
Operating income (loss)   321 33 (152) 354  
Interest expense, net   115 132 242 278  
Provision for (benefit from) income taxes   96 (15) 36 90  
Total assets   40,230 41,086 40,230 41,086 $ 40,809
Capital expenditures   527 629 1,137 1,251  
Operating Segments | North America            
Segment Reporting Information [Line Items]            
Revenues   36 85 45 192  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (787) (824) (1,647) (1,567)  
Cost, Depreciation, Amortization and Depletion   89 87 181 170  
Metals inventory adjustments   (89) 1 56 1  
Selling, general and administrative expenses   (1) 0 (2) (2)  
Mining exploration and research expenses   1 1 2 1  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   199 207 85 413  
Interest expense, net   1 1 2 2  
Provision for (benefit from) income taxes   0 0 0 0  
Total assets   7,895 7,838 7,895 7,838  
Capital expenditures   148 207 332 417  
Operating Segments | South America            
Segment Reporting Information [Line Items]            
Revenues   577 690 1,051 1,515  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (438) (581) (972) (1,120)  
Cost, Depreciation, Amortization and Depletion   102 119 210 233  
Metals inventory adjustments   (57) 0 3 0  
Selling, general and administrative expenses   (1) (2) (3) (4)  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   145 59 (47) 355  
Interest expense, net   20 25 48 54  
Provision for (benefit from) income taxes   45 11 (33) 116  
Total assets   10,146 10,270 10,146 10,270  
Capital expenditures   51 47 125 108  
Corporate And Eliminations            
Segment Reporting Information [Line Items]            
Revenues   188 471 514 927  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   854 718 1,642 1,388  
Cost, Depreciation, Amortization and Depletion   15 19 30 39  
Metals inventory adjustments   5 1 18 58  
Selling, general and administrative expenses   (56) (55) (130) (123)  
Mining exploration and research expenses   17 30 32 57  
Environmental obligations and shutdown costs   11 23 36 65  
Net gain on sales of assets     8 11 (25)  
Operating income (loss)   (169) (165) (312) (433)  
Interest expense, net   92 99 186 209  
Provision for (benefit from) income taxes   (28) 7 (22) (20)  
Total assets   2,579 3,911 2,579 3,911  
Capital expenditures   9 28 20 51  
Intersegment            
Segment Reporting Information [Line Items]            
Revenues   0 0 0 0  
Intersegment | North America            
Segment Reporting Information [Line Items]            
Revenues   952 1,035 1,928 1,962  
Intersegment | South America            
Segment Reporting Information [Line Items]            
Revenues   52 71 90 197  
PT Smelting | Affiliated Entity [Member]            
Segment Reporting Information [Line Items]            
Revenues   433 470 813   $ 879
Morenci [Member] | Operating Segments | North America            
Segment Reporting Information [Line Items]            
Revenues   20 16 22 28  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (348) (348) (697) (643)  
Cost, Depreciation, Amortization and Depletion   43 43 87 83  
Metals inventory adjustments   0 0 4 0  
Selling, general and administrative expenses   0 0 (1) (1)  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   76 116 122 250  
Interest expense, net   1 1 2 2  
Provision for (benefit from) income taxes   0 0 0 0  
Total assets   2,697 2,917 2,697 2,917  
Capital expenditures   27 49 71 111  
Morenci [Member] | Intersegment | North America            
Segment Reporting Information [Line Items]            
Revenues   447 491 889 949  
Bagdad [Member] | Operating Segments | North America            
Segment Reporting Information [Line Items]            
Revenues   0 0 0 0  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (118) (128) (244) (248)  
Cost, Depreciation, Amortization and Depletion   13 11 27 21  
Metals inventory adjustments   0 0 0 0  
Selling, general and administrative expenses   0 0 0 0  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   35 65 54 113  
Interest expense, net   0 0   0  
Provision for (benefit from) income taxes   0 0 0 0  
Total assets   794 742 794 742  
Capital expenditures   12 33 37 58  
Bagdad [Member] | Operating Segments | Bagdad [Member]            
Segment Reporting Information [Line Items]            
Interest expense, net       0    
Bagdad [Member] | Intersegment | North America            
Segment Reporting Information [Line Items]            
Revenues   166 204 325 382  
Other Mines North America Copper Mines Segment [Member] | Operating Segments | North America            
Segment Reporting Information [Line Items]            
Metals inventory adjustments     1   1  
Other Individually Immaterial Operating Segments [Member] | Operating Segments | North America            
Segment Reporting Information [Line Items]            
Revenues   16 69 23 164  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (321) (348) (706) (676)  
Cost, Depreciation, Amortization and Depletion   33 33 67 66  
Metals inventory adjustments   (89)   52    
Selling, general and administrative expenses   (1) 0 (1) (1)  
Mining exploration and research expenses   1 1 2 1  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   88 26 (91) 50  
Interest expense, net   0 0 0 0  
Provision for (benefit from) income taxes   0 0 0 0  
Total assets   4,404 4,179 4,404 4,179  
Capital expenditures   109 125 224 248  
Other Individually Immaterial Operating Segments [Member] | Operating Segments | South America            
Segment Reporting Information [Line Items]            
Revenues   106 128 204 226  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (104) (126) (214) (226)  
Cost, Depreciation, Amortization and Depletion   14 18 29 32  
Metals inventory adjustments   (57) 0 3 0  
Selling, general and administrative expenses   0 0 0 0  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   45 (16) (42) (32)  
Interest expense, net   0 0 0 0  
Provision for (benefit from) income taxes   16 (9) (10) (14)  
Total assets   1,631 1,699 1,631 1,699  
Capital expenditures   20 4 35 9  
Other Individually Immaterial Operating Segments [Member] | Intersegment | North America            
Segment Reporting Information [Line Items]            
Revenues   339 340 714 631  
Other Individually Immaterial Operating Segments [Member] | Intersegment | South America            
Segment Reporting Information [Line Items]            
Revenues   0 0 0 0  
Cerro Verde [Member] | Operating Segments | South America            
Segment Reporting Information [Line Items]            
Revenues   471 562 847 1,289  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (334) (455) (758) (894)  
Cost, Depreciation, Amortization and Depletion   88 101 181 201  
Metals inventory adjustments   0 0 0 0  
Selling, general and administrative expenses   (1) (2) (3) (4)  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   100 75 (5) 387  
Interest expense, net   20 25 48 54  
Provision for (benefit from) income taxes   29 20 (23) 130  
Total assets   8,515 8,571 8,515 8,571  
Capital expenditures   31 43 90 99  
Cerro Verde [Member] | Intersegment | South America            
Segment Reporting Information [Line Items]            
Revenues   52 71 90 197  
Grasberg Segment [Member]            
Segment Reporting Information [Line Items]            
Capital expenditures       634 658  
Grasberg Segment [Member] | Operating Segments | Indonesia            
Segment Reporting Information [Line Items]            
Revenues   683 583 1,128 1,288  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (378) (554) (721) (1,110)  
Cost, Depreciation, Amortization and Depletion   124 99 225 204  
Metals inventory adjustments   0 0 0 0  
Selling, general and administrative expenses   (28) (30) (56) (60)  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   188 (101) 161 (29)  
Interest expense, net   1 1 2 1  
Provision for (benefit from) income taxes   78 (35) 90 (9)  
Total assets   16,848 16,261 16,848 16,261  
Capital expenditures   308 339 634 658  
Grasberg Segment [Member] | Intersegment | Indonesia            
Segment Reporting Information [Line Items]            
Revenues   35 (1) 35 57  
Molybdenum            
Segment Reporting Information [Line Items]            
Capital expenditures       11 6  
Molybdenum | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues   0 0 0 0  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (61) (78) (127) (149)  
Cost, Depreciation, Amortization and Depletion   15 18 31 34  
Metals inventory adjustments   1 0 5 0  
Selling, general and administrative expenses   0 0 0 0  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   (19) 13 (34) 17  
Interest expense, net   0 0 0 0  
Provision for (benefit from) income taxes   0 0 0 0  
Total assets   1,777 1,792 1,777 1,792  
Capital expenditures   4 2 11 6  
Molybdenum | Intersegment            
Segment Reporting Information [Line Items]            
Revenues   58 109 129 200  
Rod and Refining Segment [Member] | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues   1,106 1,171 2,221 2,299  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (1,138) (1,171) (2,257) (2,304)  
Cost, Depreciation, Amortization and Depletion   6 3 8 5  
Metals inventory adjustments   1 0 1 0  
Selling, general and administrative expenses   0 0 0 0  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 1 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   (31) 1 (30) 0  
Interest expense, net   0 0 0 0  
Provision for (benefit from) income taxes   0 0 0 0  
Total assets   259 250 259 250  
Capital expenditures   2 1 4 2  
Rod and Refining Segment [Member] | Intersegment            
Segment Reporting Information [Line Items]            
Revenues   8 4 16 10  
Atlantic Copper Smelting and Refining Segment [Member] | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues   464 546 893 1,117  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (446) (515) (857) (1,067)  
Cost, Depreciation, Amortization and Depletion   7 7 14 14  
Metals inventory adjustments   0 0 0 0  
Selling, general and administrative expenses   (5) (5) (10) (10)  
Mining exploration and research expenses   0 0 0 0  
Environmental obligations and shutdown costs   0 0 0 0  
Net gain on sales of assets     0 0 0  
Operating income (loss)   8 19 25 31  
Interest expense, net   1 6 4 12  
Provision for (benefit from) income taxes   1 2 1 3  
Total assets   726 764 726 764  
Capital expenditures   5 5 11 9  
Atlantic Copper Smelting and Refining Segment [Member] | Intersegment            
Segment Reporting Information [Line Items]            
Revenues   2 0 13 5  
Corporate And Eliminations | Intersegment            
Segment Reporting Information [Line Items]            
Revenues   (1,107) $ (1,218) (2,211) $ (2,431)  
Forward Contracts [Member] | Designated as Hedging Instrument [Member]            
Segment Reporting Information [Line Items]            
Matured derivative financial instruments   $ 24   $ 24    
Derivative, Nonmonetary Notional Amount, Mass | lb 150          
Derivative, Average Forward Price | $ / lb 2.34