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DISPOSITIONS AND ACQUISITIONS (Tables) | 12 Months Ended
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Dec. 31, 2016
Dispositions And Acquisitions [Abstract] |
Schedule of Disposal | The carrying amounts of TFHL's major classes of assets, liabilities and noncontrolling interests, which were held for sale in the consolidated balance sheets at December 31, 2015, follow:
Assets |  |
Cash and cash equivalents | $ | 29 |  |
Inventories | 584 |  |
Receivables and other current assets | 131 |  |
Total current assets held for sale | $ | 744 |  | a
Property, plant, equipment and mine development costs, net | $ | 3,261 |  |
Inventories | 608 |  |
Other assets | 241 |  |
Total long-term assets held for sale | $ | 4,110 |  | a
Liabilities |  |
Accounts payable and accrued liabilities | $ | 108 |  |
Total current liabilities held for sale | $ | 108 |  | a
Deferred income taxes | $ | 681 |  |
Asset retirement obligations and other liabilities | 37 |  |
Total long-term liabilities held for sale | $ | 718 |  | a
Noncontrolling interests | $ | 1,178 |  |
a. | Amount differs from the totals on FCX's consolidated balance sheets because of other assets held for sale.
Net (loss) income from discontinued operations in the consolidated statements of operations consists of the following:
| Years Ended December 31, |
| 2016 |  | 2015 |  | 2014 |
Revenuesa | $ | 959 |  |  | $ | 1,270 |  |  | $ | 1,437 |  |
Costs and expenses: |  |  |  |  |  |
Production and delivery costs | 833 |  |  | 852 |  |  | 782 |  |
Depreciation, depletion and amortization | 80 |  | b | 257 |  |  | 228 |  |
Interest expense allocated from parentc | 39 |  |  | 28 |  |  | 24 |  |
Other costs and expenses, net | 10 |  |  | 26 |  |  | 27 |  |
(Loss) income before income taxes and loss on disposal | (3 | ) |  | 107 |  |  | 376 |  |
Loss on disposal | (198 | ) | d | — |  |  | — |  |
Net (loss) income before income taxes | (201 | ) |  | 107 |  |  | 376 |  |
Benefit from (provision for) income taxes | 8 |  |  | (16 | ) |  | (99 | ) |
Net (loss) income from discontinued operations | $ | (193 | ) |  | $ | 91 |  |  | $ | 277 |  |
a. | In accordance with accounting guidance, amounts are net of eliminations of intercompany sales totaling $157 million in 2016, $114 million in 2015 and $121 million in 2014.
b. | In accordance with accounting guidance, depreciation, depletion and amortization is not recognized subsequent to classification as assets held for sale, which occurred in May 2016.
c. | In accordance with accounting guidance, interest associated with FCX's unsecured bank term loan that was required to be repaid as a result of the sale of TFHL has been allocated to discontinued operations.
d. | Includes a charge of $33 million associated with the settlement agreement entered into with Gécamines, partly offset by a gain of $13 million for the fair value of contingent consideration.
Cash flows from discontinued operations included in the consolidated statements of cash flows follow:
| Years Ended December 31,
| 2016 |  | 2015 |  | 2014
Net cash provided by operating activities | $ | 241 |  |  | $ | 217 |  |  | $ | 529 |
Net cash used in investing activities | (73 | ) |  | (253 | ) |  | (174 | )
Net cash used in financing activities | (123 | ) |  | (82 | ) |  | (285 | )
Increase (decrease) in cash and cash equivalents in assets held for sale | $ | 45 |  |  | $ | (118 | ) |  | $ | 70 |
The following table provides balances of the major classes of assets and liabilities for the Candelaria and Ojos del Salado mines at November 3, 2014:
Current assets | $ | 482 |
Long-term assets | 1,155 |
Current liabilities | 129 |
Long-term liabilities | 89 |
Noncontrolling interests | 243 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64862545&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
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