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INCOME TAXES (Narrative) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 30, 2019
Jan. 01, 2017
Dec. 31, 2020
Dec. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2014
Schedule Of Income Taxes [Line Items]                  
Total income taxes paid to all jurisdictions         $ 397 $ 610 $ 2,000    
Tax refunds received from all jurisdictions         265 306 108    
Tax Attributes                  
Foreign tax credits     $ 1,641   1,641 1,716      
Valuation allowances     4,732   4,732 4,576      
Valuation allowance, increase (decrease)         156        
Deferred tax assets, alternative minimum tax refunds     244   244        
Increase in unrecognized tax benefits expected     24   24        
Tax Cuts and Jobs Act of 2017, provisional income tax expense (benefit)         0 0 (123)    
Tax Cuts and Jobs Act of 2017, change in tax rate, provisional income tax expense (benefit)             29    
Income (loss) from continuing operation, foreign         1,837 593 3,502    
Income (loss) from continuing operations, domestic         (40) (287) $ 390    
Change in PT-FI tax rates       $ 504 $ 0 $ 0      
U.S. federal statutory tax rate         21.00% 21.00% 21.00%    
Interest on income taxes accrued     163 186 $ 163 $ 231 $ 186    
Unrecognized tax benefits     295 $ 404 295 376 404 $ 390  
Unrecognized tax benefits that would impact the effective tax rate     254   254        
Unrecognized tax benefits that would impact the effective tax rate, net of tax benefits     168   168        
PT Freeport Indonesia [Member]                  
Tax Attributes                  
Change in PT-FI tax rates         0 0 504    
Loss Contingency, Loss in Period, Including Tax Charges     42     304      
Valuation allowance for operating loss carryforwards                  
Tax Attributes                  
Valuation allowances     2,400   2,400        
Net Operating Losses                  
Tax Attributes                  
Valuation allowance, increase (decrease)         250     $ (45)  
Domestic Deferred Tax Assets [Member]                  
Tax Attributes                  
Valuation allowance, increase (decrease)         $ (11) 208 (44)    
SUNAT | Cerro Verde                  
Tax Attributes                  
Foreign income tax rate under new stability agreement         32.00%        
Foreign Tax Authority                  
Tax Attributes                  
Tax Credit Carryforward, Valuation Allowance     1,600   $ 1,600        
Income Tax Credits and Adjustments         $ 75 $ 98 315    
Foreign Tax Authority | Tax Authority, In Papua, Indonesia | 2019 and thereafter                  
Tax Attributes                  
U.S. federal statutory tax rate         25.00%        
Profits income tax rate         10.00%        
Foreign Tax Authority | Settlement with Taxing Authority [Member] | Tax Years 2012 to 2018                  
Tax Attributes                  
Payments for legal settlements $ 250                
Foreign Tax Authority | Tax Authority, Spain                  
Tax Attributes                  
Operating Loss Carryforwards     559   $ 559        
Foreign Tax Authority | Tax Authority, In Papau, Indonesia                  
Tax Attributes                  
Operating Loss Carryforwards     910   $ 910        
Foreign Tax Authority | Chili - Service of Internal Taxes                  
Tax Attributes                  
U.S. federal statutory tax rate           35.00%      
Foreign Tax Authority | Chili - Service of Internal Taxes | Prior to September 2014 [Member]                  
Tax Attributes                  
U.S. federal statutory tax rate         35.00%        
Foreign Tax Authority | Chili - Service of Internal Taxes | 2020 and thereafter                  
Tax Attributes                  
U.S. federal statutory tax rate         44.50%        
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax years 2017 through 2021 [Member]                  
Tax Attributes                  
U.S. federal statutory tax rate         35.00%        
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Year 2022 and Thereafter                  
Tax Attributes                  
U.S. federal statutory tax rate         44.50%        
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Years 2013 to 2017                  
Tax Attributes                  
Mining royalty tax rate         4.00%        
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Years 2018 to 2023 | Minimum                  
Tax Attributes                  
Mining royalty tax rate         5.00%        
Foreign Tax Authority | Chili - Service of Internal Taxes | Tax Years 2018 to 2023 | Maximum                  
Tax Attributes                  
Mining royalty tax rate         14.00%        
Foreign Tax Authority | SUNAT | 2014                  
Tax Attributes                  
U.S. federal statutory tax rate                 30.00%
Dividend tax rate                 4.10%
Foreign Tax Authority | SUNAT | 2019 and thereafter                  
Tax Attributes                  
U.S. federal statutory tax rate           26.00%      
Dividend tax rate           9.30%      
Foreign Tax Authority | SUNAT | 2017                  
Tax Attributes                  
Dividend tax rate   5.00%              
Corporate Income Tax Rate   29.50%              
Domestic Tax Authority                  
Tax Attributes                  
Operating Loss Carryforwards     7,000   $ 7,000        
Valuation allowances     647   647        
State and Local Jurisdiction                  
Tax Attributes                  
Operating Loss Carryforwards     10,800   10,800        
Alternative Minimum Tax Credit                  
Tax Attributes                  
Tax Cuts and Jobs Act of 2017, provisional income tax expense (benefit)             $ 123    
Reserve for Taxes, Other than Income Taxes [Member]                  
Tax Attributes                  
Tax Cuts and Jobs Act of 2017, provisional income tax expense (benefit)           $ 29      
Indefinite-Lived Carryforward [Member]                  
Tax Attributes                  
Operating Loss Carryforwards     305   $ 305        
Other (expense) benefit | PT Freeport Indonesia [Member]                  
Tax Attributes                  
Loss Contingency, Loss in Period, Including Tax Charges     9     123      
Interest expense | PT Freeport Indonesia [Member]                  
Tax Attributes                  
Loss Contingency, Loss in Period, Including Tax Charges     35     78      
Income expense (benefit) | PT Freeport Indonesia [Member]                  
Tax Attributes                  
Loss Contingency, Loss in Period, Including Tax Charges     $ 2     $ 103