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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues $ 5,522 $ 4,288 $ 10,507 $ 8,871
Cost of sales:        
Production and delivery 3,082 2,853 5,819 5,572
Depreciation, depletion and amortization 1,013 530 1,979 859
Total cost of sales 4,095 3,383 7,798 6,431
Selling, general and administrative expenses 164 186 299 299
Mining exploration and research expenses 34 64 64 116
Environmental obligations and shutdown costs 76 16 82 31
Total costs and expenses 4,369 3,649 8,243 6,877
Operating income 1,153 639 2,264 1,994
Interest expense, net (164) (132) (325) (189)
Net gain (loss) on early extinguishment of debt 5 0 5 (45)
Gain on investment in MMR 0 128 0 128
Other (expense) income, net (8) 13 25 10
Income before income taxes and equity in affiliated companies' net earnings 986 648 1,969 1,898
Provision for income taxes (328) (40) (685) (468)
Equity in affiliated companies’ net earnings 2 2 2 4
Net income 660 610 1,286 1,434
Net income attributable to noncontrolling interests (168) (125) (274) (301)
Preferred dividends attributable to redeemable noncontrolling interest (10) (3) (20) (3)
Net income attributable to FCX common stockholders $ 482 $ 482 $ 992 $ 1,130
Net income per share attributable to FCX common stockholders:        
Basic $ 0.46 $ 0.49 $ 0.95 $ 1.17
Diluted $ 0.46 $ 0.49 $ 0.95 $ 1.17
Weighted-average common shares outstanding:        
Basic 1,039 980 1,039 965
Diluted 1,045 984 1,045 968
Dividends declared per share of common stock $ 0.3125 $ 1.3125 $ 0.625 $ 1.625