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Debt (Tables)

6 Months Ended

Jun. 30, 2017

Debt Instrument, Redemption [Line Items]

Schedule of Debt [Table Text Block]

DEBT

The components of debt follow (in millions):

		June 30, 2017				December 31, 2016
Senior notes and debentures:
Issued by FCX		$	13,238			$	13,745
Issued by FMC		358				359
Issued by Freeport-McMoRan Oil & Gas LLC (FM O&G LLC)		266				267
Cerro Verde credit facility		1,485				1,390
Cerro Verde shareholder loans		—				261
Other		7				5
Total debta		15,354				16,027
Less current portion of debt		(2,216		)		(1,232		)
Long-term debt		$	13,138			$	14,795

a. Includes additions for unamortized fair value adjustments totaling $163 million at June 30, 2017 ($179 million at December 31, 2016), and is net of reductions for unamortized net discounts and unamortized debt issuance costs totaling $98 million at June 30, 2017 ($100 million at December 31, 2016).

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

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