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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 1,342 $ 1,985
Trade accounts receivable 1,511 1,728
Other accounts receivable 866 834
Inventories:    
Mill and leach stockpiles 1,772 1,705
Materials and supplies, net 1,744 [1] 1,730 [1]
Product 1,704 1,583
Other current assets 491 407
Total current assets 9,430 9,972
Property, plant, equipment and mining development costs, net 24,729 24,042
Oil and gas properties - full cost method    
Subject to amortization, less accumulated amortization 12,562 12,472
Not subject to amortization 10,775 10,887
Long-term mill and leach stockpiles 2,472 2,386
Goodwill 1,916 1,916
Other assets 1,959 1,798
Total assets 63,843 63,473
Current liabilities:    
Accounts payable and accrued liabilities 3,543 3,708
Current portion of debt 1,091 312
Dividends payable 333 333
Current portion of environmental and asset retirement obligations 254 236
Accrued income taxes 162 184
Total current liabilities 5,383 4,773
Long-term debt, less current portion 19,759 20,394
Deferred income taxes 7,504 7,410
Environmental and asset retirement obligations, less current portion 3,276 3,259
Other liabilities 1,695 1,690
Total liabilities 37,617 37,526
Redeemable noncontrolling interest 743 716
FCX stockholders’ equity:    
Common stock 117 117
Capital in excess of par value 22,192 22,161
Retained earnings 2,926 2,742
Accumulated other comprehensive loss (402) (405)
Common stock held in treasury (3,683) (3,681)
Total FCX stockholders’ equity 21,150 20,934
Noncontrolling interests 4,333 4,297
Total equity 25,483 25,231
Total liabilities and equity $ 63,843 $ 63,473
[1] Materials and supplies inventory was net of obsolescence reserves totaling $21 million at March 31, 2014, and $24 million at December 31, 2013.