CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flow from operating activities:
Net income	$ 4,152	$ 4,399	$ 3,751
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization	2,244	2,241	2,068
Net charges for environmental and asset retirement obligations, including accretion	291	622	295
Payments for environmental and asset retirement obligations	244	234	250
Stock-based compensation	121	109	109
Net charges for defined pension and postretirement plans	62	35	62
Pension plan contributions	(37)	(78)	(75)
Deferred income taxes	247	(76)	182
Charges for PT Freeport Indonesia’s (PTFI) social investment programs	86	103	84
Payments for PTFI social investment programs	(65)	(54)	(44)
Impairment of oil and gas properties	64	69	67
Charges for talc-related litigation reserves	4	0	65
Net gain on early extinguishment of debt	0	0	(10)
Changes in deferred profit on PTFI sales to PT Smelting	0	0	(112)
Other, net	23	53	(33)
Changes in working capital and other:
Accounts receivable	(521)	460	166
Inventories	(709)	(638)	(873)
Other current assets	(55)	(41)	(29)
Accounts payable and accrued liabilities	802	143	(161)
Accrued income taxes and timing of other tax payments	(855)	47	17
Net cash provided by (used in) operating activities	5,610	7,160	5,279
Cash flow from investing activities:
Capital expenditures	(4,494)	(4,808)	(4,824)
Proceeds from sales of assets
Acquisition of additional ownership interest in Cerro Verde	0	(210)	0
Loans to PT Smelting for expansion	0	(28)	(129)
Other, net	22	18	(3)
Net cash provided by (used in) investing activities	(4,472)	(5,028)	(4,956)
Cash flow from financing activities:
Proceeds from debt	3,195	2,251	1,781
Repayments of debt	(2,777)	(2,731)	(2,980)
Finance lease payments	(37)	(41)	(3)
Cash dividends and distributions paid:
Common stock	(865)	(865)	(863)
Noncontrolling interests	(1,274)	(1,833)	(625)
Treasury stock purchases	(107)	(59)	0
Proceeds from exercised stock options	12	29	47
Payments for withholding of employee taxes related to stock-based awards	(23)	(35)	(50)
Contributions from noncontrolling interests	0	0	50
Other, net	0	0	(7)
Net cash used in financing activities	(1,876)	(3,284)	(2,650)
Net decrease in cash and cash equivalents and restricted cash and cash equivalents	(738)	(1,152)	(2,327)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	4,173	4,911	6,063
U.S. copper mines
Cash flow from investing activities:
Capital expenditures	(1,102)	(1,033)	(761)
South America operations
Cash flow from investing activities:
Capital expenditures	(419)	(375)	(368)
Indonesia operations
Cash flow from investing activities:
Capital expenditures	(2,358)	(2,908)	(3,411)
Molybdenum mines
Cash flow from investing activities:
Capital expenditures	(108)	(117)	(84)
Other
Cash flow from investing activities:
Capital expenditures	$ (507)	$ (375)	$ (200)