Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flow from operating activities:
Net income	$ 2,744	$ 3,502
Adjustments to reconcile net income to net cash provided by operating activities:
DD&A	1,479	1,504
Metals inventory adjustments	7	43
Net gain on sales of assets	0	(2)
Stock-based compensation	89	75
Net charges for environmental and AROs, including accretion	383	180
Payments for environmental and AROs	(181)	(197)
Net charges for defined pension and postretirement plans	44	28
Pension plan contributions	(10)	(52)
Net gain on early extinguishment of debt	(10)	(28)
Deferred income taxes	130	83
Deferred profit recognized on PT Freeport Indonesia’s (PT-FI) sales to PT Smelting	(112)	(34)
Other, net	109	(52)
Changes in working capital and other:
Accounts receivable	550	456
Inventories	(738)	(184)
Other current assets	7	(71)
Accounts payable and accrued liabilities	(180)	84
Accrued income taxes and timing of other tax payments	(352)	(1,265)
Net cash provided by operating activities	3,959	4,070
Cash flow from investing activities:
Capital expenditures	(3,462)	(2,422)
Proceeds from sales of assets	16	102
Loans to PT Smelting for expansion	(109)	(51)
Other, net	(29)	(10)
Net cash used in investing activities	(3,584)	(2,381)
Cash flow from financing activities:
Proceeds from debt	1,186	5,366
Repayments of debt	(2,397)	(4,073)
Cash dividends and distributions paid:
Common stock	(647)	(652)
Noncontrolling interests	(407)	(625)
Treasury stock purchases	0	(1,347)
Contributions from noncontrolling interests	50	142
Proceeds from exercised stock options	41	106
Payments for withholding of employee taxes related to stock-based awards	(50)	(55)
Debt financing costs and other, net	(2)	(41)
Net cash used in financing activities	(2,226)	(1,179)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	(1,851)	510
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of year	8,390	8,314
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	6,539	8,824
North America Copper Mines Segment
Cash flow from investing activities:
Capital expenditures	(545)	(430)
South America Mines Segment
Cash flow from investing activities:
Capital expenditures	(259)	(203)
Grasberg Segment
Cash flow from investing activities:
Capital expenditures	(1,274)	(1,148)
Indonesia Smelter
Cash flow from investing activities:
Capital expenditures	(1,193)	(517)
Molybdenum
Cash flow from investing activities:
Capital expenditures	(43)	(16)
Other Segments
Cash flow from investing activities:
Capital expenditures	$ (148)	$ (108)