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Business Segments (Unaudited) (Tables) | 3 Months Ended
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Mar. 31, 2016
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information By Segment | Financial Information by Business Segments
(In millions) | Mining Operations |  |  |  |  |  |
| North America Copper Mines |  | South America |  | Indonesia |  | Africa |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Atlantic |  | Other |  |  |  |  |  | Corporate, |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Molyb- |  |  |  | Copper |  | Mining |  |  |  | U.S. |  | Other |  |
|  |  |  |  |  |  | Cerro |  |  |  |  |  |  |  |  |  | denum |  | Rod & |  | Smelting |  | & Elimi- |  | Total |  | Oil & Gas |  | & Elimi- |  | FCX
| Morenci |  | Other |  | Total |  | Verde |  | Other |  | Total |  | Grasberg |  | Tenke |  | Mines |  | Refining |  | & Refining |  | nations |  | Mining |  | Operations |  | nations |  | Total
Three Months Ended March 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unaffiliated customers | $ | 162 |  |  | $ | 56 |  |  | $ | 218 |  |  | $ | 486 |  |  | $ | 144 |  |  | $ | 630 |  |  | $ | 498 |  | a | $ | 286 |  |  | $ | — |  |  | $ | 971 |  |  | $ | 422 |  |  | $ | 207 |  | b | $ | 3,232 |  |  | $ | 295 |  |  | $ | — |  |  | $ | 3,527 |
Intersegment | 357 |  |  | 561 |  |  | 918 |  |  | 41 |  |  | — |  |  | 41 |  |  | 58 |  |  | 31 |  |  | 45 |  |  | 8 |  |  | 1 |  |  | (1,102 | ) |  | — |  |  | — |  |  | — |  |  | — |
Production and delivery | 340 |  |  | 448 |  |  | 788 |  |  | 291 |  |  | 119 |  |  | 410 |  |  | 394 |  |  | 226 |  |  | 52 |  |  | 970 |  |  | 393 |  |  | (918 | ) |  | 2,315 |  |  | 407 |  | c | 3 |  |  | 2,725 |
Depreciation, depletion and amortization | 62 |  |  | 82 |  |  | 144 |  |  | 101 |  |  | 31 |  |  | 132 |  |  | 81 |  |  | 60 |  |  | 19 |  |  | 2 |  |  | 8 |  |  | 18 |  |  | 464 |  |  | 255 |  |  | 3 |  |  | 722 |
Impairment of oil and gas properties | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,771 |  |  | 16 |  | d | 3,787 |
Selling, general and administrative expenses | — |  |  | 1 |  |  | 1 |  |  | 2 |  |  | — |  |  | 2 |  |  | 14 |  |  | 2 |  |  | — |  |  | — |  |  | 4 |  |  | 4 |  |  | 27 |  |  | 49 |  |  | 64 |  |  | 140 |
Mining exploration and research expenses | — |  |  | 1 |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 18 |  |  | 19 |  |  | — |  |  | — |  |  | 19 |
Environmental obligations and shutdown costs | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10 |  |  | 10 |  |  | — |  |  | — |  |  | 10 |
Operating income (loss) | 117 |  |  | 85 |  |  | 202 |  |  | 133 |  |  | (6 | ) |  | 127 |  |  | 67 |  |  | 29 |  |  | (26 | ) |  | 7 |  |  | 18 |  |  | (27 | ) |  | 397 |  |  | (4,187 | ) |  | (86 | ) |  | (3,876 | )
Interest expense, net | 1 |  |  | — |  |  | 1 |  |  | 22 |  |  | — |  |  | 22 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4 |  |  | 20 |  |  | 47 |  |  | 71 |  |  | 82 |  |  | 200 |
Provision for (benefit from) income taxes | — |  |  | — |  |  | — |  |  | 45 |  |  | (6 | ) |  | 39 |  |  | 36 |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 78 |  |  | — |  |  | (8 | ) |  | 70 |
Total assets at March 31, 2016 | 3,490 |  |  | 4,751 |  |  | 8,241 |  |  | 9,495 |  |  | 1,623 |  |  | 11,118 |  |  | 9,354 |  |  | 5,088 |  |  | 1,983 |  |  | 236 |  |  | 653 |  |  | 1,292 |  |  | 37,965 |  |  | 4,360 |  |  | 339 |  |  | 42,664 |
Capital expenditures | 28 |  |  | 6 |  |  | 34 |  |  | 156 |  |  | 1 |  |  | 157 |  |  | 225 |  |  | 35 |  |  | 1 |  |  | 1 |  |  | 2 |  |  | 4 |  |  | 459 |  |  | 480 |  | e | 43 |  |  | 982 |
Three Months Ended March 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unaffiliated customers | $ | 106 |  |  | $ | 115 |  |  | $ | 221 |  |  | $ | 248 |  |  | $ | 231 |  |  | $ | 479 |  |  | $ | 621 |  | a | $ | 382 |  |  | $ | — |  |  | $ | 1,062 |  |  | $ | 540 |  |  | $ | 348 |  | b | $ | 3,653 |  |  | $ | 500 |  | f | $ | — |  |  | $ | 4,153 |
Intersegment | 450 |  |  | 664 |  |  | 1,114 |  |  | 14 |  |  | (7 | ) | g | 7 |  |  | (14 | ) | g | 28 |  |  | 113 |  |  | 7 |  |  | 6 |  |  | (1,261 | ) |  | — |  |  | — |  |  | — |  |  | — |
Production and delivery | 374 |  |  | 569 |  |  | 943 |  |  | 198 |  |  | 147 |  |  | 345 |  |  | 439 |  |  | 235 |  |  | 83 |  |  | 1,063 |  |  | 519 |  |  | (1,001 | ) |  | 2,626 |  |  | 283 |  | c | 3 |  |  | 2,912 |
Depreciation, depletion and amortization | 51 |  |  | 82 |  |  | 133 |  |  | 37 |  |  | 38 |  |  | 75 |  |  | 70 |  |  | 73 |  |  | 26 |  |  | 2 |  |  | 10 |  |  | 16 |  |  | 405 |  |  | 530 |  |  | 4 |  |  | 939 |
Impairment of oil and gas properties | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,104 |  |  | — |  |  | 3,104 |
Selling, general and administrative expenses | 1 |  |  | — |  |  | 1 |  |  | 1 |  |  | — |  |  | 1 |  |  | 25 |  |  | 3 |  |  | — |  |  | — |  |  | 5 |  |  | 6 |  |  | 41 |  |  | 54 |  |  | 59 |  |  | 154 |
Mining exploration and research expenses | — |  |  | 3 |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 30 |  |  | 33 |  |  | — |  |  | — |  |  | 33 |
Environmental obligations and shutdown costs | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13 |  |  | 13 |  |  | — |  |  | — |  |  | 13 |
Net gain on sale of assets | — |  |  | (39 | ) |  | (39 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (39 | ) |  | — |  |  | — |  |  | (39 | )
Operating income (loss) | 130 |  |  | 164 |  |  | 294 |  |  | 26 |  |  | 39 |  |  | 65 |  |  | 73 |  |  | 99 |  |  | 4 |  |  | 4 |  |  | 12 |  |  | 23 |  |  | 574 |  |  | (3,471 | ) |  | (66 | ) |  | (2,963 | )
Interest expense, net | 1 |  |  | — |  |  | 1 |  |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3 |  |  | 40 |  |  | 45 |  |  | 37 |  |  | 64 |  |  | 146 |
Provision for (benefit from) income taxes | — |  |  | — |  |  | — |  |  | 5 |  |  | 19 |  |  | 24 |  |  | 29 |  |  | 26 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 79 |  |  | — |  |  | (774 | ) |  | (695 | )
Total assets at March 31, 2015 | 3,802 |  |  | 5,646 |  |  | 9,448 |  |  | 7,991 |  |  | 1,970 |  |  | 9,961 |  |  | 8,882 |  |  | 5,108 |  |  | 2,075 |  |  | 314 |  |  | 809 |  |  | 1,379 |  |  | 37,976 |  |  | 17,887 |  |  | 202 |  |  | 56,065 |
Capital expenditures | 84 |  |  | 23 |  |  | 107 |  |  | 431 |  |  | 14 |  |  | 445 |  |  | 225 |  |  | 39 |  |  | 3 |  |  | 1 |  |  | 4 |  |  | 10 |  |  | 834 |  |  | 1,018 |  | e | 15 |  |  | 1,867 |
a. | Includes PT-FI’s sales to PT Smelting totaling $277 million in first-quarter 2016 and $350 million in first-quarter 2015.
b. | Includes revenues from FCX's molybdenum sales company, which includes sales of molybdenum produced by the Molybdenum mines and by certain of the North and South America copper mines.
c. | Includes charges at oil and gas operations totaling (i) $165 million in first-quarter 2016 and $13 million in first-quarter 2015 for idle rig costs and (ii) $35 million in first-quarter 2016 and $4 million in first-quarter 2015 primarily for inventory write downs.
d. | Reflects impairment charges for international oil and gas properties primarily in Morocco.
e. | Excludes international oil and gas capital expenditures totaling $43 million in first-quarter 2016 and $15 million in first-quarter 2015, primarily related to the Morocco oil and gas properties, which are included in corporate, other & eliminations.
f. | Includes net mark-to-market gains of $52 million associated with crude oil derivative contracts.
g. | Reflects net reductions for provisional pricing adjustments to prior period open sales.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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