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BUSINESS SEGMENTS INFORMATION (Segment Reporting) (Details)
oz in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2024
USD ($)
oz
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Sep. 01, 2024
Aug. 31, 2024
Jan. 01, 2023
Dec. 21, 2018
Segment Reporting Information [Line Items]              
Revenues $ 25,455 $ 22,855 $ 22,780        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 15,554 13,627 13,070        
Depreciation, depletion and amortization 2,241 2,068 2,019        
Selling, general and administrative expenses 513 479 420        
Exploration and research expenses 156 137 115        
Environmental obligations and shutdown costs 127 319 121        
Net gain on sales of assets 0 0 (2)        
Operating income (loss) 6,864 6,225 7,037        
Interest expense, net 319 515 560        
Net gain on early extinguishment of debt 0 10 31        
Other income, net 362 286 207        
Provision for (benefit from) income taxes (2,523) (2,270) (2,267)        
Equity in affiliated companies’ net earnings 15 15 31        
Net income attributable to noncontrolling interests 2,510 1,903 1,011        
Net (loss) income attributable to common stockholders 1,889 1,848 3,468        
Total assets 54,848 52,506 51,093        
Capital expenditures 4,808 4,824 3,469        
Administrative Fees Expense 4 55 41        
Revisions to cash flow estimates and settlements, net 635 54 381        
Metals Inventory Adjustments $ 91 14 29        
Gold              
Segment Reporting Information [Line Items]              
Mineral Sales, Volume | oz 190            
Cerro Verde              
Segment Reporting Information [Line Items]              
Ownership percentage       55.08% 53.56%    
Peruvian Supreme Court              
Segment Reporting Information [Line Items]              
Other income, net   $ (69)          
PT Freeport Indonesia              
Segment Reporting Information [Line Items]              
Provision for (benefit from) income taxes $ 182            
Loss Contingency Accrual, Period Increase (Decrease) 4            
FCX | PT Freeport Indonesia              
Segment Reporting Information [Line Items]              
Ownership percentage of subsidiary   81.00%       48.76%  
PT Indonesia Asahan Aluminium (Persero) (Inalum)              
Segment Reporting Information [Line Items]              
Ownership percentage of subsidiary             26.24%
PT Indonesia Asahan Aluminium (Persero) (Inalum) | PT Freeport Indonesia              
Segment Reporting Information [Line Items]              
Ownership percentage of subsidiary   19.00%          
Cerro Verde | Peruvian Supreme Court              
Segment Reporting Information [Line Items]              
Interest expense, net   $ 74          
Indonesia operations              
Segment Reporting Information [Line Items]              
Capital expenditures 2,908 3,411 2,381        
Molybdenum              
Segment Reporting Information [Line Items]              
Capital expenditures 117 84 33        
Indonesia              
Segment Reporting Information [Line Items]              
Revenues 1,108 767 3,026        
Operating Segments | Molybdenum              
Segment Reporting Information [Line Items]              
Revenues 0 0 0        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 530 439 359        
Depreciation, depletion and amortization 73 66 74        
Selling, general and administrative expenses 0 0 0        
Exploration and research expenses 0 0 3        
Environmental obligations and shutdown costs 0 0 0        
Net gain on sales of assets     0        
Operating income (loss) (11) 172 129        
Interest expense, net 0 0 0        
Net gain on early extinguishment of debt   0 0        
Other income, net 0 (1) 0        
Provision for (benefit from) income taxes 0 0 0        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 0 0 0        
Total assets 2,018 1,782 1,697        
Capital expenditures 117 84 33        
Operating Segments | Rod & Refining              
Segment Reporting Information [Line Items]              
Revenues 6,196 5,886 6,281        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 6,206 5,901 6,330        
Depreciation, depletion and amortization 4 5 5        
Selling, general and administrative expenses 0 0 0        
Exploration and research expenses 0 0 0        
Environmental obligations and shutdown costs 0 0 0        
Net gain on sales of assets     0        
Operating income (loss) 29 20 (23)        
Interest expense, net 0 0 0        
Net gain on early extinguishment of debt   0 0        
Other income, net (1) (2) (1)        
Provision for (benefit from) income taxes 0 0 0        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 0 0 0        
Total assets 202 172 183        
Capital expenditures 35 13 9        
Operating Segments | Atlantic Copper Smelting & Refining              
Segment Reporting Information [Line Items]              
Revenues 3,009 2,791 2,439        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 2,912 2,718 2,452        
Depreciation, depletion and amortization 28 28 27        
Selling, general and administrative expenses 28 28 25        
Exploration and research expenses 0 0 0        
Environmental obligations and shutdown costs 0 0 0        
Net gain on sales of assets     0        
Operating income (loss) 49 36 (61)        
Interest expense, net 36 31 15        
Net gain on early extinguishment of debt   0 0        
Other income, net 13 (8) 13        
Provision for (benefit from) income taxes 11 0 1        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 0 0 0        
Total assets 1,705 1,326 1,262        
Capital expenditures 142 64 76        
Operating Segments | North America              
Segment Reporting Information [Line Items]              
Revenues 180 243 428        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 4,996 4,778 4,377        
Depreciation, depletion and amortization 439 418 410        
Selling, general and administrative expenses 4 4 5        
Exploration and research expenses 44 50 47        
Environmental obligations and shutdown costs 0 27 (4)        
Net gain on sales of assets     0        
Operating income (loss) 757 1,039 1,875        
Interest expense, net 1 1 2        
Net gain on early extinguishment of debt   0 0        
Other income, net 1 (2) (32)        
Provision for (benefit from) income taxes 0 0 0        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 0 0 0        
Total assets 9,994 9,191 8,604        
Capital expenditures 1,033 761 597        
Operating Segments | North America | Morenci              
Segment Reporting Information [Line Items]              
Revenues 101 91 175        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 1,826 1,730 1,550        
Depreciation, depletion and amortization 187 175 177        
Selling, general and administrative expenses 2 2 2        
Exploration and research expenses 17 11 2        
Environmental obligations and shutdown costs 0 (1) (5)        
Net gain on sales of assets     0        
Operating income (loss) 315 502 963        
Interest expense, net 0 0 1        
Net gain on early extinguishment of debt   0 0        
Other income, net (1) (5) (2)        
Provision for (benefit from) income taxes 0 0 0        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 0 0 0        
Total assets 3,228 3,195 3,052        
Capital expenditures 184 232 263        
Operating Segments | North America | Other              
Segment Reporting Information [Line Items]              
Revenues 79 152 253        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 3,170 3,048 2,827        
Depreciation, depletion and amortization 252 243 233        
Selling, general and administrative expenses 2 2 3        
Exploration and research expenses 27 39 45        
Environmental obligations and shutdown costs 0 28 1        
Net gain on sales of assets     0        
Operating income (loss) 442 537 912        
Interest expense, net 1 1 1        
Net gain on early extinguishment of debt   0 0        
Other income, net 2 3 (30)        
Provision for (benefit from) income taxes 0 0 0        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 0 0 0        
Total assets 6,766 5,996 5,552        
Capital expenditures 849 529 334        
Operating Segments | South America              
Segment Reporting Information [Line Items]              
Revenues 4,533 4,154 4,212        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 3,230 3,239 3,074        
Depreciation, depletion and amortization 446 459 408        
Selling, general and administrative expenses 8 9 8        
Exploration and research expenses 16 14 9        
Environmental obligations and shutdown costs 0 0 0        
Net gain on sales of assets     0        
Operating income (loss) 1,471 1,220 1,219        
Interest expense, net 21 77 15        
Net gain on early extinguishment of debt   0 0        
Other income, net 66 (2) 17        
Provision for (benefit from) income taxes (604) (512) (453)        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 479 336 407        
Total assets 10,156 10,050 10,271        
Capital expenditures 375 368 304        
Operating Segments | South America | Cerro Verde              
Segment Reporting Information [Line Items]              
Revenues 3,618 3,330 3,444        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 2,529 2,529 2,369        
Depreciation, depletion and amortization 380 395 357        
Selling, general and administrative expenses 8 9 8        
Exploration and research expenses 12 10 5        
Environmental obligations and shutdown costs 0 0 0        
Net gain on sales of assets     0        
Operating income (loss) 1,327 1,174 1,211        
Interest expense, net 21 77 15        
Net gain on early extinguishment of debt   0 0        
Other income, net 42 (13) 13        
Provision for (benefit from) income taxes (542) (495) (461)        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 412 300 372        
Total assets 8,096 8,120 8,398        
Capital expenditures 293 271 164        
Labor and Related Expense 97            
Operating Segments | South America | Other              
Segment Reporting Information [Line Items]              
Revenues 915 824 768        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 701 710 705        
Depreciation, depletion and amortization 66 64 51        
Selling, general and administrative expenses 0 0 0        
Exploration and research expenses 4 4 4        
Environmental obligations and shutdown costs 0 0 0        
Net gain on sales of assets     0        
Operating income (loss) 144 46 8        
Interest expense, net 0 0 0        
Net gain on early extinguishment of debt   0 0        
Other income, net 24 11 4        
Provision for (benefit from) income taxes (62) (17) 8        
Equity in affiliated companies’ net earnings 0 0 0        
Net income attributable to noncontrolling interests 67 36 35        
Total assets 2,060 1,930 1,873        
Capital expenditures 82 97 140        
Operating Segments | Indonesia | Indonesia operations              
Segment Reporting Information [Line Items]              
Revenues 9,774 7,816 8,028        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 3,368 2,570 2,686        
Depreciation, depletion and amortization 1,193 1,028 1,025        
Selling, general and administrative expenses 127 129 117        
Exploration and research expenses 8 2 0        
Environmental obligations and shutdown costs 0 0 0        
Net gain on sales of assets     0        
Operating income (loss) 5,622 4,708 4,598        
Interest expense, net 28 35 38        
Net gain on early extinguishment of debt   0 (11)        
Other income, net 136 122 120        
Provision for (benefit from) income taxes (1,907) (1,774) (1,820)        
Equity in affiliated companies’ net earnings 7 10 24        
Net income attributable to noncontrolling interests 2,022 1,614 592        
Total assets 27,309 25,548 22,727        
Capital expenditures 2,908 3,324 2,382        
Operating Segments | Indonesia | Indonesia operations | PT Smelting              
Segment Reporting Information [Line Items]              
Revenues 27 3,000          
Corporate And Eliminations [Member]              
Segment Reporting Information [Line Items]              
Revenues 1,763 1,965 1,392        
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization (5,688) (6,018) (6,208)        
Depreciation, depletion and amortization 58 64 70        
Selling, general and administrative expenses 346 309 265        
Exploration and research expenses 88 71 56        
Environmental obligations and shutdown costs 127 292 125        
Net gain on sales of assets     (2)        
Operating income (loss) (1,053) (970) (700)        
Interest expense, net 233 371 490        
Net gain on early extinguishment of debt   10 42        
Other income, net 147 179 90        
Provision for (benefit from) income taxes (23) 16 5        
Equity in affiliated companies’ net earnings 8 5 7        
Net income attributable to noncontrolling interests 9 (47) 12        
Total assets 3,464 4,437 6,349        
Capital expenditures 198 210 68        
Oil And Gas Charges 217 70 6        
Loss Contingency Accrual, Period Increase (Decrease)   65          
Corporate And Eliminations [Member] | Atlantic Copper Smelting & Refining              
Segment Reporting Information [Line Items]              
Cost, Maintenance 41            
Intersegment              
Segment Reporting Information [Line Items]              
Revenues 0 0 0        
Intersegment | Molybdenum              
Segment Reporting Information [Line Items]              
Revenues 592 677 565        
Intersegment | Rod & Refining              
Segment Reporting Information [Line Items]              
Revenues 43 40 31        
Intersegment | Atlantic Copper Smelting & Refining              
Segment Reporting Information [Line Items]              
Revenues 8 19 4        
Intersegment | Corporate And Eliminations [Member]              
Segment Reporting Information [Line Items]              
Revenues (7,885) (8,217) (7,786)        
Intersegment | North America              
Segment Reporting Information [Line Items]              
Revenues 6,060 6,073 6,282        
Intersegment | North America | Morenci              
Segment Reporting Information [Line Items]              
Revenues 2,246 2,328 2,514        
Intersegment | North America | Other              
Segment Reporting Information [Line Items]              
Revenues 3,814 3,745 3,768        
Intersegment | South America              
Segment Reporting Information [Line Items]              
Revenues 638 787 506        
Intersegment | South America | Cerro Verde              
Segment Reporting Information [Line Items]              
Revenues 638 787 506        
Intersegment | South America | Other              
Segment Reporting Information [Line Items]              
Revenues 0 0 0        
Intersegment | Indonesia | Indonesia operations              
Segment Reporting Information [Line Items]              
Revenues 544 621 398        
Profit Share Liability | Cerro Verde | Peruvian Supreme Court              
Segment Reporting Information [Line Items]              
Interest expense, net   (13)          
Production and Delivery Costs [Member] | Pt Freeport Indonesia Environmental And Reclamation Programs              
Segment Reporting Information [Line Items]              
Revisions to cash flow estimates and settlements, net $ 144 $ (112) $ 116