XML 33 R44.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Guarantor Financial Statements (Unaudited) Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions | Sep. 30, 2015 | Dec. 31, 2014 | Sep. 30, 2014
--- | --- | --- | ---
ASSETS |  |  |  |
Current assets |  | $ 8,155 | $ 9,045 |
Property, plant, equipment and mining development costs, net |  | 27,355 | 26,220 |
Oil and gas properties, net - full cost method |  |  |  |
Subject to amortization, less accumulated amortization |  | 3,002 | 9,187 |
Not subject to amortization |  | 7,568 | 10,087 |
Investments in consolidated subsidiaries |  | 0 | 0 |
Other assets |  | 4,303 | 4,135 |
Total assets |  | 50,383 | 58,674 | $ 63,875
LIABILITIES AND EQUITY |  |  |  |
Current liabilities |  | 4,827 | 5,172 |
Long-term debt, less current portion |  | 19,792 | 18,371 |
Deferred income taxes |  | 4,363 | 6,398 |
Environmental and asset retirement obligations, less current portion |  | 3,708 | 3,647 |
Other liabilities |  | 1,727 | 1,861 |
Total liabilities |  | 34,417 | 35,449 |
Redeemable noncontrolling interest |  | 761 | 751 |
Equity: |  |  |  |
Stockholders' equity |  | 10,946 | 18,287 |
Noncontrolling interests |  | 4,259 | 4,187 |
Total equity |  | 15,205 | 22,474 |
Total liabilities and equity |  | 50,383 | 58,674 |
FCX Issuer [Member] |  |  |  |
ASSETS |  |  |  |
Current assets |  | 139 | 323 |
Property, plant, equipment and mining development costs, net |  | 27 | 22 |
Oil and gas properties, net - full cost method |  |  |  |
Subject to amortization, less accumulated amortization |  | 0 | 0 |
Not subject to amortization |  | 0 | 0 |
Investments in consolidated subsidiaries |  | 23,276 | 28,765 |
Other assets |  | 8,426 | 8,914 |
Total assets |  | 31,868 | 38,024 |
LIABILITIES AND EQUITY |  |  |  |
Current liabilities |  | 4,546 | 1,592 |
Long-term debt, less current portion |  | 15,256 | 14,930 |
Deferred income taxes | [1] | 1,067 | 3,161 |
Environmental and asset retirement obligations, less current portion |  | 0 | 0 |
Other liabilities |  | 53 | 54 |
Total liabilities |  | 20,922 | 19,737 |
Redeemable noncontrolling interest |  | 0 | 0 |
Equity: |  |  |  |
Stockholders' equity |  | 10,946 | 18,287 |
Noncontrolling interests |  | 0 | 0 |
Total equity |  | 10,946 | 18,287 |
Total liabilities and equity |  | 31,868 | 38,024 |
FM O&G LLC Guarantor [Member] |  |  |  |
ASSETS |  |  |  |
Current assets |  | 3,619 | 2,635 |
Property, plant, equipment and mining development costs, net |  | 55 | 46 |
Oil and gas properties, net - full cost method |  |  |  |
Subject to amortization, less accumulated amortization |  | 1,020 | 3,296 |
Not subject to amortization |  | 1,648 | 2,447 |
Investments in consolidated subsidiaries |  | 0 | 6,460 |
Other assets |  | 4,918 | 3,947 |
Total assets |  | 11,260 | 18,831 |
LIABILITIES AND EQUITY |  |  |  |
Current liabilities |  | 522 | 560 |
Long-term debt, less current portion |  | 5,560 | 3,874 |
Deferred income taxes |  | 0 | 0 |
Environmental and asset retirement obligations, less current portion |  | 322 | 302 |
Other liabilities |  | 3,361 | 3,372 |
Total liabilities |  | 9,765 | 8,108 |
Redeemable noncontrolling interest |  | 0 | 0 |
Equity: |  |  |  |
Stockholders' equity |  | 1,495 | 10,723 |
Noncontrolling interests |  | 0 | 0 |
Total equity |  | 1,495 | 10,723 |
Total liabilities and equity |  | 11,260 | 18,831 |
Non-Guarantor Subsidiaries [Member] |  |  |  |
ASSETS |  |  |  |
Current assets |  | 10,291 | 8,659 |
Property, plant, equipment and mining development costs, net |  | 27,273 | 26,152 |
Oil and gas properties, net - full cost method |  |  |  |
Subject to amortization, less accumulated amortization |  | 1,980 | 5,907 |
Not subject to amortization |  | 5,914 | 7,640 |
Investments in consolidated subsidiaries |  | 1,495 | 10,246 |
Other assets |  | 4,232 | 4,061 |
Total assets |  | 51,185 | 62,665 |
LIABILITIES AND EQUITY |  |  |  |
Current liabilities |  | 5,641 | 5,592 |
Long-term debt, less current portion |  | 10,553 | 8,879 |
Deferred income taxes |  | 3,296 | 3,237 |
Environmental and asset retirement obligations, less current portion |  | 3,386 | 3,345 |
Other liabilities |  | 1,805 | 1,910 |
Total liabilities |  | 24,681 | 22,963 |
Redeemable noncontrolling interest |  | 761 | 751 |
Equity: |  |  |  |
Stockholders' equity |  | 22,018 | 35,268 |
Noncontrolling interests |  | 3,725 | 3,683 |
Total equity |  | 25,743 | 38,951 |
Total liabilities and equity |  | 51,185 | 62,665 |
Eliminations [Member] |  |  |  |
ASSETS |  |  |  |
Current assets |  | (5,894) | (2,572) |
Property, plant, equipment and mining development costs, net |  | 0 | 0 |
Oil and gas properties, net - full cost method |  |  |  |
Subject to amortization, less accumulated amortization |  | 2 | (16) |
Not subject to amortization |  | 6 | 0 |
Investments in consolidated subsidiaries |  | (24,771) | (45,471) |
Other assets |  | (13,273) | (12,787) |
Total assets |  | (43,930) | (60,846) |
LIABILITIES AND EQUITY |  |  |  |
Current liabilities |  | (5,882) | (2,572) |
Long-term debt, less current portion |  | (11,577) | (9,312) |
Deferred income taxes |  | 0 | 0 |
Environmental and asset retirement obligations, less current portion |  | 0 | 0 |
Other liabilities |  | (3,492) | (3,475) |
Total liabilities |  | (20,951) | (15,359) |
Redeemable noncontrolling interest |  | 0 | 0 |
Equity: |  |  |  |
Stockholders' equity |  | (23,513) | (45,991) |
Noncontrolling interests |  | 534 | 504 |
Total equity |  | (22,979) | (45,487) |
Total liabilities and equity |  | $ (43,930) | $ (60,846) |
[1] | All U.S. related deferred income taxes are recorded at the parent company.

X
- Definition Investment in common stock of, contributed capital to, equity in cumulative net income and loss of, and net intercompany advances to/from consolidated subsidiaries. + References No definition available. + Details
Name: | fcx_InvestmentsinSubsidiaries
Namespace Prefix: | fcx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Properties on which oil or natural gas reserves do not exist with enough certainty to be classified as proved. The costs of the unproved properties are excluded from amortization until the properties are evaluated. + References No definition available. + Details
Name: | fcx_OilandNaturalGasPropertiesFullCostMethodNotSubjecttoAmortization
Namespace Prefix: | fcx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Property acquisition, exploration and development costs incurred on fully evaluated oil and natural gas properties. + References No definition available. + Details
Name: | fcx_OilandNaturalGasPropertiesFullCostMethodSubjecttoAmortization
Namespace Prefix: | fcx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Noncurrent portion of reclamation reserve and environmental reserve to restore a mining or drilling site to the condition agreed upon (1) within the mining or drilling contract, (2) in compliance with state or federal laws, or (3) as a result of settlement agreements with state or federal authorities. + References No definition available. + Details
Name: | fcx_ReclamationAndEnvironmentalObligationsLessCurrentPortion
Namespace Prefix: | fcx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.18) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 12 -Article 7 + Details
Name: | us-gaap_Assets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_AssetsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.9) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6801-107765 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765 + Details
Name: | us-gaap_AssetsCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, netted by jurisdiction and classified as noncurrent. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=37586315&loc=d3e31931-109318 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 45 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=37586315&loc=d3e31958-109318 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=37586315&loc=d3e31917-109318 + Details
Name: | us-gaap_DeferredTaxLiabilitiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19-26) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_Liabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.32) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 25 -Article 7 + Details
Name: | us-gaap_LiabilitiesAndStockholdersEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_LiabilitiesAndStockholdersEquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.21) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LiabilitiesCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 27 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 7 + Details
Name: | us-gaap_MinorityInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_OilAndGasPropertyFullCostMethodNetAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 10 -Article 7 + Details
Name: | us-gaap_OtherAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_OtherLiabilitiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph a -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 8 -Article 7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E + Details
Name: | us-gaap_StockholdersEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4I -URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4590271-111686 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568740-111683 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568447-111683 + Details
Name: | us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount, attributable to parent and noncontrolling interests, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.27(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=fcx_FreeportMcMoRanOilGasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_NonGuarantorSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=us-gaap_ConsolidationEliminationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |