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Guarantor Financial Statements (Unaudited) Condensed Consolidating Statements of Income (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2015 | Sep. 30, 2014 | Sep. 30, 2015 | Sep. 30, 2014
Document Period End Date |  |  |  |  | Sep. 30, 2015 |  |  |
Revenues | $ 3,681 |  | $ 5,696 |  | $ 12,082 |  | $ 16,203 |
Total costs and expenses | 7,626 |  | 4,564 |  | 21,364 |  | 12,807 |
Operating (loss) income | (3,945) |  | 1,132 |  | (9,282) |  | 3,396 |
Interest expense, net | (163) |  | (158) |  | (458) |  | (483) |
Net gain on early extinguishment of debt | 0 |  | 58 |  | 0 |  | 63 |
Other income (expense), net | (40) |  | 23 |  | 4 |  | 48 |
(Loss) income before income taxes and equity in affiliated companies' net losses | (4,148) |  | 1,055 |  | (9,736) |  | 3,024 |
Benefit from (provision for) income taxes | 360 |  | (349) |  | 1,742 |  | (1,034) |
Equity in affiliated companies' net (losses) earnings | (2) |  | (2) |  | (1) |  | 0 |
Net (loss) income | (3,790) |  | 704 |  | (7,995) |  | 1,990 |
Net income and preferred dividends attributable to noncontrolling interests | (40) |  | (152) |  | (160) |  | (446) |
Net (loss) income attributable to common stockholders | (3,830) |  | 552 |  | (8,155) |  | 1,544 |
Other comprehensive income (loss) | 14 |  | 7 |  | 35 |  | 11 |
Total comprehensive (loss) income | (3,816) |  | 559 |  | (8,120) |  | 1,555 |
Impairment of oil and gas properties | 3,652 |  | 308 |  | 9,442 |  | 308 |
FCX Issuer [Member] |  |  |  |  |  |  |  |
Revenues | 0 |  | 0 |  | 0 |  | 0 |
Total costs and expenses | 12 |  | 12 |  | 47 |  | 44 |
Operating (loss) income | (12) |  | (12) |  | (47) |  | (44) |
Interest expense, net | (123) |  | (99) |  | (359) |  | (268) |
Net gain on early extinguishment of debt |  |  | 0 |  |  |  | (1) |
Other income (expense), net | 31 |  | 15 |  | 187 |  | 52 |
(Loss) income before income taxes and equity in affiliated companies' net losses | (104) |  | (96) |  | (219) |  | (261) |
Benefit from (provision for) income taxes | (1,283) |  | 46 |  | (1,969) |  | 51 |
Equity in affiliated companies' net (losses) earnings | (2,443) |  | 602 |  | (5,967) |  | 1,754 |
Net (loss) income | (3,830) |  | 552 |  | (8,155) |  | 1,544 |
Net income and preferred dividends attributable to noncontrolling interests | 0 |  | 0 |  | 0 |  | 0 |
Net (loss) income attributable to common stockholders | (3,830) |  | 552 |  | (8,155) |  | 1,544 |
Other comprehensive income (loss) | 14 |  | 7 |  | 35 |  | 11 |
Total comprehensive (loss) income | (3,816) |  | 559 |  | (8,120) |  | 1,555 |
Impairment of oil and gas properties |  |  |  |  | 0 |  | 0 |
FM O&G LLC Guarantor [Member] |  |  |  |  |  |  |  |
Revenues | 158 |  | 370 |  | 508 |  | 1,584 |
Total costs and expenses | 1,874 | [1] | 916 | [2] | 4,409 | [3] | 1,931 | [4]
Operating (loss) income | (1,716) |  | (546) |  | (3,901) |  | (347) |
Interest expense, net | (1) |  | (38) |  | (7) |  | (123) |
Net gain on early extinguishment of debt |  |  | 58 |  |  |  | 64 |
Other income (expense), net | 0 |  | 0 |  | 0 |  | 1 |
(Loss) income before income taxes and equity in affiliated companies' net losses | (1,717) |  | (526) |  | (3,908) |  | (405) |
Benefit from (provision for) income taxes | 714 |  | (104) |  | 1,504 |  | (121) |
Equity in affiliated companies' net (losses) earnings | (2,237) |  | 381 |  | (6,516) |  | 637 |
Net (loss) income | (3,240) |  | (249) |  | (8,920) |  | 111 |
Net income and preferred dividends attributable to noncontrolling interests | 0 |  | 0 |  | 0 |  | 0 |
Net (loss) income attributable to common stockholders | (3,240) |  | (249) |  | (8,920) |  | 111 |
Other comprehensive income (loss) | 0 |  | 0 |  | 0 |  | 0 |
Total comprehensive (loss) income | (3,240) |  | (249) |  | (8,920) |  | 111 |
Impairment of oil and gas properties | 1,658 |  | 625 |  | 3,710 |  | 625 |
Non-Guarantor Subsidiaries [Member] |  |  |  |  |  |  |  |
Revenues | 3,523 |  | 5,326 |  | 11,574 |  | 14,619 |
Total costs and expenses | 5,742 | [1] | 3,966 |  | 16,923 | [3] | 11,170 |
Operating (loss) income | (2,219) |  | 1,360 |  | (5,349) |  | 3,449 |
Interest expense, net | (78) |  | (37) |  | (202) |  | (146) |
Net gain on early extinguishment of debt |  |  | 0 |  |  |  | 0 |
Other income (expense), net | (35) |  | 24 |  | (83) |  | 49 |
(Loss) income before income taxes and equity in affiliated companies' net losses | (2,332) |  | 1,347 |  | (5,634) |  | 3,352 |
Benefit from (provision for) income taxes | 931 |  | (166) |  | 2,217 |  | (836) |
Equity in affiliated companies' net (losses) earnings | (2,445) |  | (111) |  | (8,947) |  | 228 |
Net (loss) income | (3,846) |  | 1,070 |  | (12,364) |  | 2,744 |
Net income and preferred dividends attributable to noncontrolling interests | (39) |  | (130) |  | (133) |  | (421) |
Net (loss) income attributable to common stockholders | (3,885) |  | 940 |  | (12,497) |  | 2,323 |
Other comprehensive income (loss) | 14 |  | 7 |  | 35 |  | 11 |
Total comprehensive (loss) income | (3,871) |  | 947 |  | (12,462) |  | 2,334 |
Impairment of oil and gas properties | 1,967 |  |  |  | 5,684 |  | 0 |
Eliminations [Member] |  |  |  |  |  |  |  |
Revenues | 0 |  | 0 |  | 0 |  | 0 |
Total costs and expenses | (2) |  | (330) | [2] | (15) |  | (338) | [4]
Operating (loss) income | 2 |  | 330 |  | 15 |  | 338 |
Interest expense, net | 39 |  | 16 |  | 110 |  | 54 |
Net gain on early extinguishment of debt |  |  | 0 |  |  |  | 0 |
Other income (expense), net | (36) |  | (16) |  | (100) |  | (54) |
(Loss) income before income taxes and equity in affiliated companies' net losses | 5 |  | 330 |  | 25 |  | 338 |
Benefit from (provision for) income taxes | (2) |  | (125) |  | (10) |  | (128) |
Equity in affiliated companies' net (losses) earnings | 7,123 |  | (874) |  | 21,429 |  | (2,619) |
Net (loss) income | 7,126 |  | (669) |  | 21,444 |  | (2,409) |
Net income and preferred dividends attributable to noncontrolling interests | (1) |  | (22) |  | (27) |  | (25) |
Net (loss) income attributable to common stockholders | 7,125 |  | (691) |  | 21,417 |  | (2,434) |
Other comprehensive income (loss) | (14) |  | (7) |  | (35) |  | (11) |
Total comprehensive (loss) income | $ 7,111 |  | (698) |  | 21,382 |  | (2,445) |
Impairment of oil and gas properties |  |  | $ (317) |  | $ 48 |  | $ (317) |
[1] | Includes charges totaling $1.7 billion at the FM O&G LLC guarantor and $2.0 billion at the non-guarantor subsidiaries related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.
[2] | Includes charges totaling $0.6 billion at the FM O&G LLC guarantor and $(0.3) billion of eliminations related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.
[3] | Includes charges totaling $3.7 billion at the FM O&G LLC guarantor and $5.7 billion at the non-guarantor subsidiaries related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.
[4] | Includes charges totaling $0.6 billion at the FM O&G LLC guarantor and $(0.3) billion of eliminations related to impairment of FCX's oil and gas properties pursuant to full cost accounting rules.

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