Income Taxes (Unaudited)

3 Months Ended

Mar. 31, 2014

INCOME TAXES

Geographic sources of FCX's provision for income taxes follow (in millions):



	Three Months Ended
	March 31,
	2014		2013
United States operations	$	136	$	76
International operations	221		352
Total	$	357	$	428

FCX’s consolidated effective income tax rate was 36 percent for first-quarter 2014 and 34 percent for first-quarter 2013. Variations in the relative proportions of jurisdictional income result in fluctuations to FCX’s consolidated effective income tax rate.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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