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Guarantor Financial Statements (Unaudited) Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions | Sep. 30, 2017 | Dec. 31, 2016 | Sep. 30, 2016
--- | --- | --- | ---
ASSETS |  |  |
Current assets, other than assets held-for-sale | $ 11,150 | $ 10,435 |
Property, plant, equipment and mine development costs, net | 22,914 | 23,219 |
Oil and gas properties, subject to amortization, less accumulated amortization | 20 | 74 |
Investments in consolidated subsidiaries | 0 | 0 |
Other assets | 3,243 | 3,589 |
Total assets | 37,327 | 37,317 | $ 41,400
LIABILITIES AND EQUITY |  |  |
Current liabilities, other than liabilities held for sale | 5,517 | 4,265 |
Long-term debt, less current portion | 12,567 | 14,795 |
Deferred income taxes | 3,771 | 3,768 |
Environmental and asset retirement obligations, less current portion | 3,498 | 3,487 |
Investments in consolidated subsidiaries | 0 | 0 |
Other liabilities | 1,744 | 1,745 |
Total liabilities | 27,097 | 28,060 |
Equity: |  |  |
Stockholders' equity | 6,973 | 6,051 |
Noncontrolling interests | 3,257 | 3,206 |
Total equity | 10,230 | 9,257 |
Total liabilities and equity | 37,327 | 37,317 |
Eliminations [Member] |  |  |
ASSETS |  |  |
Current assets, other than assets held-for-sale | (711) | (3,260) |
Property, plant, equipment and mine development costs, net | (11) | 0 |
Oil and gas properties, subject to amortization, less accumulated amortization | 0 | 0 |
Investments in consolidated subsidiaries | (20,178) | (21,110) |
Other assets | (465) | (1,965) |
Total assets | (21,365) | (26,335) |
LIABILITIES AND EQUITY |  |  |
Current liabilities, other than liabilities held for sale | (816) | (3,244) |
Long-term debt, less current portion | (10,082) | (15,081) |
Deferred income taxes | 0 | 0 |
Environmental and asset retirement obligations, less current portion | 0 | 0 |
Investments in consolidated subsidiaries | (11,024) | (9,888) |
Other liabilities | (3,487) | (3,487) |
Total liabilities | (25,409) | (31,700) |
Equity: |  |  |
Stockholders' equity | 3,393 | 4,758 |
Noncontrolling interests | 651 | 607 |
Total equity | 4,044 | 5,365 |
Total liabilities and equity | (21,365) | (26,335) |
FCX Issuer [Member] | Reportable Legal Entities [Member] |  |  |
ASSETS |  |  |
Current assets, other than assets held-for-sale | 197 | 230 |
Property, plant, equipment and mine development costs, net | 15 | 19 |
Oil and gas properties, subject to amortization, less accumulated amortization | 0 | 0 |
Investments in consolidated subsidiaries | 20,178 | 21,110 |
Other assets | 479 | 1,985 |
Total assets | 20,869 | 23,344 |
LIABILITIES AND EQUITY |  |  |
Current liabilities, other than liabilities held for sale | 2,402 | 3,895 |
Long-term debt, less current portion | 10,600 | 12,517 |
Deferred income taxes | 832 | 826 |
Environmental and asset retirement obligations, less current portion | 0 | 0 |
Investments in consolidated subsidiaries | 0 | 0 |
Other liabilities | 62 | 55 |
Total liabilities | 13,896 | 17,293 |
Equity: |  |  |
Stockholders' equity | 6,973 | 6,051 |
Noncontrolling interests | 0 | 0 |
Total equity | 6,973 | 6,051 |
Total liabilities and equity | 20,869 | 23,344 |
FM O&G LLC Guarantor [Member] | Reportable Legal Entities [Member] |  |  |
ASSETS |  |  |
Current assets, other than assets held-for-sale | 716 | 1,790 |
Property, plant, equipment and mine development costs, net | 11 | 24 |
Oil and gas properties, subject to amortization, less accumulated amortization | 0 | 0 |
Investments in consolidated subsidiaries | 0 | 0 |
Other assets | 36 | 47 |
Total assets | 763 | 1,861 |
LIABILITIES AND EQUITY |  |  |
Current liabilities, other than liabilities held for sale | 111 | 308 |
Long-term debt, less current portion | 6,428 | 6,062 |
Deferred income taxes | 0 | 0 |
Environmental and asset retirement obligations, less current portion | 208 | 200 |
Investments in consolidated subsidiaries | 850 | 893 |
Other liabilities | 3,341 | 3,393 |
Total liabilities | 10,938 | 10,856 |
Equity: |  |  |
Stockholders' equity | (10,175) | (8,995) |
Noncontrolling interests | 0 | 0 |
Total equity | (10,175) | (8,995) |
Total liabilities and equity | 763 | 1,861 |
Non-Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member] |  |  |
ASSETS |  |  |
Current assets, other than assets held-for-sale | 10,948 | 11,675 |
Property, plant, equipment and mine development costs, net | 22,899 | 23,176 |
Oil and gas properties, subject to amortization, less accumulated amortization | 20 | 74 |
Investments in consolidated subsidiaries | 0 | 0 |
Other assets | 3,193 | 3,522 |
Total assets | 37,060 | 38,447 |
LIABILITIES AND EQUITY |  |  |
Current liabilities, other than liabilities held for sale | 3,820 | 3,306 |
Long-term debt, less current portion | 5,621 | 11,297 |
Deferred income taxes | 2,939 | 2,942 |
Environmental and asset retirement obligations, less current portion | 3,290 | 3,287 |
Investments in consolidated subsidiaries | 10,174 | 8,995 |
Other liabilities | 1,828 | 1,784 |
Total liabilities | 27,672 | 31,611 |
Equity: |  |  |
Stockholders' equity | 6,782 | 4,237 |
Noncontrolling interests | 2,606 | 2,599 |
Total equity | 9,388 | 6,836 |
Total liabilities and equity | $ 37,060 | $ 38,447 |

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