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OWNERSHIP IN SUBSIDIARIES AND JOINT VENTURES (Details)
oz in Millions, lb in Millions, $ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2016
Dec. 31, 2022
Dec. 31, 2015
USD ($)
lb
Dec. 31, 2014
USD ($)
Dec. 31, 1994
oz
lb
Summary of investment holdings [Line Items]          
Retained earnings (accumulated deficit) of subsidiary     $ (12,387) $ 128  
Morenci [Member]          
Summary of investment holdings [Line Items]          
Percentage of undivided interest owned by company     85.00%    
Other North America Mines [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     100.00%    
Cerro Verde [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     53.56%    
El Abra [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     51.00%    
Tenke [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     56.00%    
Freeport-McMoRan Corporation [Member]          
Summary of investment holdings [Line Items]          
Net assets (liabilities) in subsidiary     $ 18,900    
Retained earnings (accumulated deficit) of subsidiary     (10,400)    
Loans outstanding     $ 0    
Number of pounds of copper purchased from Sumitomo (in pounds) | lb     98    
Dollar value of pounds purchased from Sumitomo     $ 244    
Net receivable from Sumitomo     $ 10 11  
PT Freeport Indonesia [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     81.28%    
Net assets (liabilities) in subsidiary     $ 5,600    
Retained earnings (accumulated deficit) of subsidiary     5,400    
Loans outstanding     $ 310    
Percent interest in certain assets and future production per terms of the joint venture agreement     60.00%    
Percentage of cash flows from specified annual amounts of copper, gold and silver calculated by reference to proven and probable reserves as of 12/31/1994 (in hundredths)     100.00%    
Percentage of remaining cash flows     60.00%    
Percentage of optional participation of any other future exploration costs shared by joint venture     60.00%    
PT Indocopper Investama [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     100.00%    
Company's indirect ownership percentage of a subsidiary through another wholly owned subsidiary     9.36%    
Atlantic Copper [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     100.00%    
Net assets (liabilities) in subsidiary     $ (79)    
Retained earnings (accumulated deficit) of subsidiary     (489)    
Loans outstanding     $ 248    
Freeport-McMoRan Oil & Gas [Member]          
Summary of investment holdings [Line Items]          
Company's direct ownership percentage     100.00%    
Net assets (liabilities) in subsidiary     $ (7,400)    
Retained earnings (accumulated deficit) of subsidiary     19,000    
Loans outstanding     $ 6,600    
Rio Tinto Share In Joint Venture [Member]          
Summary of investment holdings [Line Items]          
Percentage interest in joint venture contract of work by third party     40.00%    
Optional Participation Of Future Exploration Costs Shared By Joint Venture Percentage     40.00%    
Percent interest in certain assets and future production per terms of the joint venture agreement     40.00%    
Percentage of optional participation of any other future exploration costs shared by joint venture     40.00%    
Rio Tinto's share of joint venture cash flows     $ 10 $ 29  
Sumitomo's Share in Joint Venture [Member]          
Summary of investment holdings [Line Items]          
Percentage of undivided interest owned by third party     15.00%    
Copper [Member] | PT Freeport Indonesia [Member]          
Summary of investment holdings [Line Items]          
Estimated Recoverable Proven And Probable Reserves (in pounds) | lb         27,100
Gold [Member] | PT Freeport Indonesia [Member]          
Summary of investment holdings [Line Items]          
Estimated Recoverable Proven And Probable Reserves (in pounds) | oz         38.4
Silver (ounces) [Member] | PT Freeport Indonesia [Member]          
Summary of investment holdings [Line Items]          
Estimated Recoverable Proven And Probable Reserves (in pounds) | oz         75.8
Subsequent Event [Member] | Morenci [Member]          
Summary of investment holdings [Line Items]          
Percentage of undivided interest owned by company 72.00%        
Change in Ownership, Percentage 13.00%        
Subsequent Event [Member] | Rio Tinto Share In Joint Venture [Member]          
Summary of investment holdings [Line Items]          
Percent interest in certain assets and future production per terms of the joint venture agreement   40.00%      
Subsequent Event [Member] | Sumitomo's Share in Joint Venture [Member]          
Summary of investment holdings [Line Items]          
Percentage of undivided interest owned by third party 15.00%