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Debt and Equity - Additional Information (Details) - USD ($)
$ / shares in Units, shares in Millions
1 Months Ended 3 Months Ended 41 Months Ended
Apr. 30, 2025
Mar. 31, 2025
Mar. 31, 2024
Apr. 30, 2025
Dec. 31, 2024
Debt Instrument [Line Items]          
Interest costs   $ 174,000,000 $ 175,000,000    
Interest costs capitalized   $ 104,000,000 $ 86,000,000    
Treasury stock purchases (in shares)   1.4      
Shares repurchased   $ 55,000,000      
Cost per share repurchased (in dollars per share)   $ 39.10      
Dividends declared per share of common stock (in dollars per share)   0.15 $ 0.15    
Base cash dividend (in dollars per share)   0.075      
Variable cash dividend (in dollars per share)   $ 0.075      
Subsequent event          
Debt Instrument [Line Items]          
Treasury stock purchases (in shares) 0.8        
Cost per share repurchased (in dollars per share) $ 29.48        
Stock repurchase program, authorized amount $ 3,000,000,000     $ 3,000,000,000  
Common Stock, Shares, Outstanding 1,400.0     1,400.0  
Subsequent event | Share Repurchase Program          
Debt Instrument [Line Items]          
Treasury stock purchases (in shares)       51.0  
Cost per share repurchased (in dollars per share)       $ 38.50  
Line of Credit | Revolving Credit Facility | October 2022 Unsecured Revolving Credit Facility          
Debt Instrument [Line Items]          
Line of credit facility, maximum borrowing capacity   $ 3,000,000,000.0      
Line of credit   0      
Line of Credit | Revolving Credit Facility | PT-FI | October 2022 Unsecured Revolving Credit Facility          
Debt Instrument [Line Items]          
Line of credit facility, maximum borrowing capacity   500,000,000      
Line of Credit | Letter of Credit          
Debt Instrument [Line Items]          
Revolving credit facility, availability   1,500,000,000      
Line of credit   5,000,000      
Line of Credit | Unsecured Credit Facility | PT-FI          
Debt Instrument [Line Items]          
Line of credit facility, maximum borrowing capacity   1,750,000,000      
Line of credit   250,000,000     $ 250,000,000
Line of Credit | Unsecured Credit Facility | Cerro Verde          
Debt Instrument [Line Items]          
Line of credit facility, maximum borrowing capacity   350,000,000      
Line of credit   $ 0