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INCOME TAXES (Narrative) (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Aug. 31, 2022
Jan. 01, 2017
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Schedule Of Income Taxes [Line Items]              
Total income taxes paid to all jurisdictions       $ 2,800 $ 2,100 $ 3,100  
Tax refunds received from all jurisdictions       248 1 $ 46  
Tax Attributes              
Foreign tax credits     $ 1,228 184 1,228    
Valuation allowances     3,894 2,984 $ 3,894    
Valuation allowance, increase (decrease)       $ 900      
U.S. federal statutory tax rate       21.00% 21.00% 21.00%  
Interest on income taxes accrued     536 $ 264 $ 536 $ 551  
Unrecognized tax benefits     720 161 720 810 $ 808
Unrecognized tax benefits that would impact the effective tax rate       153      
Unrecognized tax benefits that would impact the effective tax rate, net of tax benefits       52      
Deferred income taxes       (76) 182 36  
Corporate Alternative Minimum Tax for Corporations with Average AFSI over $1 billion, rate 15.00%            
Three Years Average AFSI Limit, Corporate Alternative Minimum Tax $ 1,000            
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense       8 (153) (7)  
Unrecognized Tax Benefits, Unpaid     $ 33 26 33 36  
PT Freeport Indonesia              
Tax Attributes              
Loss Contingency, Loss in Period, Including Tax Charges       215      
Valuation allowance for operating loss carryforwards              
Tax Attributes              
Valuation allowances       $ 1,800      
Net Operating Losses              
Tax Attributes              
Valuation allowance, increase (decrease)         188 163  
SUNAT | Cerro Verde              
Tax Attributes              
Foreign income tax rate under new stability agreement       32.00%      
Foreign Tax Jurisdiction              
Tax Attributes              
Tax Credit Carryforward, Valuation Allowance       $ 200      
Income Tax Credits and Adjustments         $ 292 $ 22  
Foreign Tax Jurisdiction | Tax Authority, Spain              
Tax Attributes              
Operating Loss Carryforwards       $ 500      
Foreign Tax Jurisdiction | Chili - Service of Internal Taxes              
Tax Attributes              
Ad Valorem Royalty Based Tax       1.00%      
Foreign Tax Jurisdiction | Chili - Service of Internal Taxes | Minimum              
Tax Attributes              
Mining royalty tax rate       8.00%      
Foreign Tax Jurisdiction | Chili - Service of Internal Taxes | Maximum              
Tax Attributes              
Mining royalty tax rate       26.00%      
Foreign Tax Jurisdiction | Chili - Service of Internal Taxes | Prior to September 2014              
Tax Attributes              
U.S. federal statutory tax rate     35.00%        
Foreign Tax Jurisdiction | SUNAT | 2017              
Tax Attributes              
Dividend tax rate   5.00%          
Domestic Tax Jurisdiction              
Tax Attributes              
Operating Loss Carryforwards       $ 6,000      
Valuation allowances       1,000      
State and Local Jurisdiction              
Tax Attributes              
Operating Loss Carryforwards       10,600      
Indefinite-Lived Carryforward | Domestic Tax Jurisdiction              
Tax Attributes              
Operating Loss Carryforwards       700      
Indefinite-Lived Carryforward | State and Local Jurisdiction              
Tax Attributes              
Operating Loss Carryforwards       3,500      
Interest expense | PT Freeport Indonesia              
Tax Attributes              
Loss Contingency, Loss in Period, Including Tax Charges       8      
Income expense (benefit) | PT Freeport Indonesia              
Tax Attributes              
Loss Contingency, Loss in Period, Including Tax Charges       199      
Direct Operating Costs | PT Freeport Indonesia              
Tax Attributes              
Loss Contingency, Loss in Period, Including Tax Charges       $ 8