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DISPOSITIONS AND ACQUISITIONS (Details) - USD ($)
 1 Months Ended 3 Months Ended 6 Months Ended 10 Months Ended 12 Months Ended
May 09, 2016
May 31, 2013
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Mar. 31, 2013
Jun. 30, 2014
Nov. 03, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Jun. 30, 2016
Oct. 06, 2014
Sep. 08, 2014
Jun. 20, 2014
Mar. 29, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Current assets     $ 744,000,000       $ 846,000,000             $ 744,000,000 $ 846,000,000            
Long-term assets     4,124,000,000       3,999,000,000             4,124,000,000 3,999,000,000            
Disposal Group, Including Discontinued Operation, Assets     4,900,000,000       4,800,000,000             4,900,000,000 4,800,000,000 $ 4,600,000,000          
Current liabilities     108,000,000       193,000,000             108,000,000 193,000,000            
Long-term liabilities     718,000,000       742,000,000             718,000,000 742,000,000            
Noncontrolling interests     4,216,000,000       4,187,000,000             4,216,000,000 4,187,000,000            
Net income from discontinued operations     (4,000,000) [1] $ 25,000,000 $ 29,000,000 $ 41,000,000 68,000,000 $ 70,000,000 $ 78,000,000 $ 61,000,000       91,000,000 [2] 277,000,000 388,000,000          
Intersegment                           0 0 0          
Net Cash Provided by (Used in) Discontinued Operations                           (118,000,000) 70,000,000 (59,000,000)          
(Loss) income before income taxes and equity in affiliated companies' net earnings (losses)                           (14,128,000,000) (800,000,000) 4,390,000,000          
Net loss attributable to common stockholders     (4,081,000,000) [3],[4],[5],[6],[7] (3,830,000,000) [3],[4],[5],[6],[7] (1,851,000,000) [3],[4],[5],[6],[7],[8] (2,474,000,000) (2,852,000,000) [3],[4],[5],[6],[7] 552,000,000 [3],[4],[5],[6],[7] 482,000,000 [4],[5],[7] $ 510,000,000 [4]       (12,236,000,000) [3],[4],[5],[6],[7],[8] (1,308,000,000) [3],[4],[5],[6],[7] 2,658,000,000          
Income Tax Expense (Benefit), Changes in Deferred Tax Liabilities and Deferred Tax Asset Valuation Allowances     $ 1,400,000,000 $ 1,100,000,000 $ 305,000,000 $ 458,000,000 22,000,000 $ 5,000,000 57,000,000         $ 3,300,000,000 84,000,000 190,000,000          
Tenke [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Company's direct ownership percentage     56.00%                     56.00%              
Discontinued Operations, Held-for-sale [Member] | Tenke Fungurume [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents     $ 29,000,000       147,000,000             $ 29,000,000 147,000,000            
Disposal Group, Including Discontinued Operation, Inventory, Current     584,000,000       594,000,000             584,000,000 594,000,000            
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net     131,000,000       105,000,000             131,000,000 105,000,000            
Current assets     744,000,000       846,000,000             744,000,000 846,000,000            
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Noncurrent     3,261,000,000       3,290,000,000             3,261,000,000 3,290,000,000            
Disposal Group, Including Discontinued Operation, Inventory, Noncurrent     608,000,000       491,000,000             608,000,000 491,000,000            
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent     241,000,000       203,000,000             241,000,000 203,000,000            
Long-term assets     4,110,000,000       3,984,000,000             4,110,000,000 3,984,000,000            
Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Liabilities, Current     108,000,000       99,000,000             108,000,000 99,000,000            
Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities, Current     0       92,000,000             0 92,000,000            
Disposal Group, Including Discontinued Operation, Other Liabilities, Current     0       2,000,000             0 2,000,000            
Current liabilities     108,000,000       193,000,000             108,000,000 193,000,000            
Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities, Noncurrent     681,000,000       707,000,000             681,000,000 707,000,000            
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent     37,000,000       35,000,000             37,000,000 35,000,000            
Long-term liabilities     718,000,000       742,000,000             718,000,000 742,000,000            
Noncontrolling interests     $ 1,178,000,000       $ 1,125,000,000             1,178,000,000 1,125,000,000            
Disposal Group, Including Discontinued Operation, Revenue [9]                           1,270,000,000 1,437,000,000 1,590,000,000          
Disposal Group, Including Discontinued Operations, Production and delivery                           852,000,000 782,000,000 759,000,000          
Disposal Group, Including Discontinued Operation, Depreciation and Amortization                           257,000,000 228,000,000 246,000,000          
Disposal Group, Including Discontinued Operation, Interest Expense [10]                           28,000,000 24,000,000 15,000,000          
Disposal Group, Including Discontinued Operation, Other Expense                           26,000,000 27,000,000 47,000,000          
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax                           107,000,000 376,000,000 523,000,000          
Discontinued Operation, Tax Effect of Discontinued Operation                           (16,000,000) (99,000,000) (135,000,000)          
Net income from discontinued operations                           91,000,000 277,000,000 388,000,000          
Intersegment                           (114,000,000) (121,000,000) (47,000,000)          
Cash Provided by (Used in) Operating Activities, Discontinued Operations                           217,000,000 529,000,000 594,000,000          
Cash Provided by (Used in) Investing Activities, Discontinued Operations                           (253,000,000) (174,000,000) (208,000,000)          
Cash Provided by (Used in) Financing Activities, Discontinued Operations                           (82,000,000) (285,000,000) (445,000,000)          
Net Cash Provided by (Used in) Discontinued Operations                           $ (118,000,000) 70,000,000 (59,000,000)          
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Candelaria and Ojos del Salado Mining Complex [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Disposal Date             Nov. 03, 2014                            
Current assets                         $ 482,000,000                
Long-term assets                         1,155,000,000                
Current liabilities                         129,000,000                
Long-term liabilities                         89,000,000                
Noncontrolling interests                         243,000,000                
Proceeds from Divestiture of Businesses, Net of Cash Divested             $ 1,800,000,000                            
Proceeds from Divestiture of Businesses, Net of Tax             1,500,000,000                            
Significant Acquisitions and Disposals, Gain (Loss) on Sale or Disposal, Pretax             671,000,000                            
Significant Acquisitions and Disposals, Gain (Loss) on Sale or Disposal, Net of Tax             $ 450,000,000                            
(Loss) income before income taxes and equity in affiliated companies' net earnings (losses)                         270,000,000     689,000,000          
Net loss attributable to common stockholders                         144,000,000     $ 341,000,000          
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High                         $ 200,000,000                
Business Combination, Contingent Consideration Arrangements, Basis for Amount             five percent of net copper revenues in any annual period over the ensuing five years when the average realized copper price exceeds $4.00 per pound                            
Business Acquisition, Effective Date of Acquisition             Jun. 30, 2014                            
Company's direct ownership percentage                                   80.00%      
Subsequent Event [Member] | Discontinued Operations, Held-for-sale [Member] | Tenke Fungurume [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Disposal Date May 09, 2016                                        
Percentage of undivided interest owned by company 70.00%                                        
Proceeds from Divestiture of Businesses, Net of Cash Divested $ 2,650,000,000                                        
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High 120,000,000                                        
Subsequent Event [Member] | Discontinued Operations, Held-for-sale [Member] | Copper [Member] | Tenke Fungurume [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Contingent Consideration, Reference Price 3.50                                        
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High 60,000,000                                        
Subsequent Event [Member] | Discontinued Operations, Held-for-sale [Member] | Cobalt [Member] | Tenke Fungurume [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Contingent Consideration, Reference Price 20                                        
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High $ 60,000,000                                        
Subsequent Event [Member] | Discontinued Operations, Held-for-sale [Member] | Tenke [Member] | Tenke Fungurume [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Percentage of undivided interest owned by company                                 56.00%        
Eagle Ford [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Adjustment to Goodwill                             $ (221,000,000)            
Deposits                                     $ 414,000,000    
Eagle Ford [Member] | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Disposal Date                       Jun. 20, 2014                  
Business Combination, Consideration Transferred                       $ 3,100,000,000                  
Adjustment to Goodwill                       $ 221,000,000                  
Business Acquisition, Effective Date of Acquisition                       Apr. 01, 2014                  
Income Tax Expense (Benefit), Changes in Deferred Tax Liabilities and Deferred Tax Asset Valuation Allowances                 $ 84,000,000                        
Deposits                                       $ 1,300,000,000  
Plains Exploration & Production Company [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Business Acquisition, Effective Date of Acquisition   May 31, 2013                           May 31, 2013          
McMoRan Exploration Co [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Business Acquisition, Effective Date of Acquisition                               Jun. 03, 2013          
Kokkola Cobalt Chemicals Refinery [Member]                                          
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                          
Business Combination, Consideration Transferred                     $ 382,000,000                    
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High                                         $ 110,000,000
Business Acquisition, Effective Date of Acquisition                     Mar. 29, 2013                    
Company's direct ownership percentage                                         56.00%
[1] Includes charges from continuing mining operations of $4 million ($3 million to net loss attributable to common stockholders) in the first quarter, $59 million ($38 million to net loss attributable to common stockholders or $0.04 per share) in the second quarter, $91 million ($58 million to net loss attributable to common stockholders or $0.05 per share) in the third quarter, $184 million ($118 million to net loss attributable to common stockholders or $0.10 per share) in the fourth quarter and $338 million ($217 million to net loss attributable to common stockholders or $0.20 per share) for the year associated with inventory adjustments to copper and molybdenum inventories. Additionally, includes charges from continuing mining operations of $92 million ($56 million to net loss attributable to common stockholders or $0.05 per share) in the third quarter, $53 million ($34 million to net loss attributable to common stockholders or $0.03 per share) in the fourth quarter and $145 million ($90 million to net loss attributable to common stockholders or $0.08 per share) for the year associated with impairments, restructuring and other net charges.
[2] Includes net mark-to-market gains associated with crude oil and natural gas derivative contracts totaling $87 million in 2015 and $505 million in 2014.
[3] Includes charges of $308 million ($192 million to net income attributable to common stockholders or $0.18 per share) in the third quarter, $3.4 billion ($2.1 billion to net loss attributable to common stockholders or $2.05 per share) in the fourth quarter and $3.7 billion ($2.3 billion to net loss attributable to common stockholders or $2.24 per share) for the year to reduce the carrying value of oil and gas properties pursuant to full cost accounting rules. Additionally, includes charges at the oil and gas operations in the fourth quarter and for the year of (i) $1.7 billion ($1.7 billion to net loss attributable to common stockholders or $1.65 per share) for the impairment of the full carrying value of goodwill and (ii) $46 million ($29 million to net loss attributable to common stockholders or $0.03 per share) for idle/terminated rig costs and inventory write-downs.
[4] Includes credits (charges) of $15 million ($9 million to net income attributable to common stockholders or $0.01 per share) in the first quarter, $(7) million ($(4) million to net income attributable to common stockholders) in the second quarter, $122 million ($76 million to net income attributable to common stockholders or $0.07 per share) in the third quarter, $497 million ($309 million to net loss attributable to common stockholders or $0.30 per share) in the fourth quarter and $627 million ($389 million to net loss attributable to common stockholders or $0.37 per share) for the year for net noncash mark-to-market gains (losses) on crude oil and natural gas derivative contracts.
[5] Includes net gains (losses) on early extinguishment of debt totaling $4 million in the second quarter, $17 million ($0.02 per share) in the third quarter, $(18) million ($(0.02) per share) in the fourth quarter and $3 million for the year. Refer to Note 8 for further discussion.
[6] Includes net gains of $46 million ($31 million to net income attributable to common stockholders or $0.03 per share) in the third quarter, $671 million ($450 million to net loss attributable to common stockholders or $0.43 per share) in the fourth quarter and $717 million ($481 million to net loss attributable to common stockholders or $0.46 per share) for the year primarily from the sale of the Candelaria and Ojos del Salado copper mining operations in the fourth quarter (refer to Note 2 for further discussion) and the sale of a metals injection molding plant in the third quarter.
[7] Includes tax charges of $57 million ($0.06 per share) in the second quarter, $5 million in the third quarter, $22 million ($0.02 per share) in the fourth quarter and $84 million ($0.08 per share) for the year associated with deferred taxes recorded in connection with the allocation of goodwill to the sale of the Eagle Ford shale assets. Additionally, includes net tax charges (benefit) of $54 million ($7 million attributable to noncontrolling interests and $47 million to net income attributable to common stockholders or $0.04 per share) in the third quarter, $(17) million ($11 million attributable to noncontrolling interests and $(28) million to net loss attributable to common stockholders or $(0.03) per share) in the fourth quarter and $37 million ($18 million attributable to noncontrolling interests and $19 million to net loss attributable to common stockholders or $0.02 per share) for the year associated with changes in Chilean tax rules, U.S. federal income tax law and Peruvian tax rules, partially offset by a tax benefit related to changes in U.S. state income tax filing positions.
[8] Includes a gain of $92 million ($0.09 per share) in the second quarter and for the year associated with the net proceeds received from insurance carriers and other third parties related to the shareholder derivative litigation settlement.
[9] a.In accordance with accounting guidance, amounts are net of eliminations of intercompany sales totaling $114 million in 2015, $121 million in 2014 and $47 million in 2013.
[10] b.In accordance with accounting guidance, interest associated with FCX's Term Loan that will be required to be repaid as a result of the sale of TFHL has been allocated to discontinued operations.