XML 70 R53.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Guarantor Financial Statements (Unaudited) Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016
Cash flow from operating activities: |  |  |  |
Net cash provided by operating activities |  |  | $ 3,018 | $ 2,594
Cash flow from investing activities: |  |  |  |
Capital expenditures | $ (314) | $ (494) | (1,020) | (2,309)
Intercompany loans |  |  | 0 | 0
Dividends from (investments in) consolidated subsidiaries |  |  | 0 | 0
Asset sales and other, net |  |  | 46 | 1,415
Net cash used in investing activities |  |  | (974) | (894)
Cash flow from financing activities: |  |  |  |
Proceeds from debt |  |  | 795 | 3,463
Repayments of debt |  |  | (1,991) | (4,539)
Intercompany loans |  |  | 0 | 0
Proceeds from Issuance of Common Stock |  |  | 0 | 442
Cash dividends paid and contributions received, net |  |  | (69) | (92)
Other, net |  |  | (22) | (22)
Net cash used in financing activities |  |  | (1,287) | (748)
Net (decrease) increase in cash and cash equivalents |  |  | 757 | 952
Increase (Decrease) In Cash And Cash Equivalents In Assets Held For Sale |  |  | (45) | (43)
Cash and cash equivalents at beginning of year |  |  | 4,245 | 177
Cash and cash equivalents at end of period | 4,957 | 1,086 | 4,957 | 1,086
Eliminations [Member] |  |  |  |
Cash flow from operating activities: |  |  |  |
Net cash provided by operating activities |  |  | 0 | 1
Cash flow from investing activities: |  |  |  |
Capital expenditures |  |  | 0 | 2
Intercompany loans |  |  | 609 | 1,539
Dividends from (investments in) consolidated subsidiaries |  |  | (1,834) | (1,726)
Asset sales and other, net |  |  | 0 | (3)
Net cash used in investing activities |  |  | (1,225) | (188)
Cash flow from financing activities: |  |  |  |
Proceeds from debt |  |  | 0 | 0
Repayments of debt |  |  | 0 | 0
Intercompany loans |  |  | (609) | (1,539)
Proceeds from Issuance of Common Stock |  |  |  | (374)
Cash dividends paid and contributions received, net |  |  | 1,772 | 2,087
Other, net |  |  | 62 | 13
Net cash used in financing activities |  |  | 1,225 | 187
Net (decrease) increase in cash and cash equivalents |  |  | 0 | 0
Increase (Decrease) In Cash And Cash Equivalents In Assets Held For Sale |  |  | 0 | 0
Cash and cash equivalents at beginning of year |  |  | 0 | 0
Cash and cash equivalents at end of period | 0 | 0 | 0 | 0
Reportable Legal Entities [Member] | FCX Issuer [Member] |  |  |  |
Cash flow from operating activities: |  |  |  |
Net cash provided by operating activities |  |  | (222) | (264)
Cash flow from investing activities: |  |  |  |
Capital expenditures |  |  | 0 | 0
Intercompany loans |  |  | (609) | (1,021)
Dividends from (investments in) consolidated subsidiaries |  |  | 1,757 | 1,643
Asset sales and other, net |  |  | 0 | 0
Net cash used in investing activities |  |  | 1,148 | 622
Cash flow from financing activities: |  |  |  |
Proceeds from debt |  |  | 0 | 1,721
Repayments of debt |  |  | (915) | (2,498)
Intercompany loans |  |  | 0 | 0
Proceeds from Issuance of Common Stock |  |  |  | 442
Cash dividends paid and contributions received, net |  |  | (2) | (5)
Other, net |  |  | (9) | (18)
Net cash used in financing activities |  |  | (926) | (358)
Net (decrease) increase in cash and cash equivalents |  |  | 0 | 0
Increase (Decrease) In Cash And Cash Equivalents In Assets Held For Sale |  |  | 0 | 0
Cash and cash equivalents at beginning of year |  |  | 0 | 0
Cash and cash equivalents at end of period | 0 | 0 | 0 | 0
Reportable Legal Entities [Member] | Guarantor Subsidiaries [Member] |  |  |  |
Cash flow from operating activities: |  |  |  |
Net cash provided by operating activities |  |  | (383) | (294)
Cash flow from investing activities: |  |  |  |
Capital expenditures |  |  | (24) | (497)
Intercompany loans |  |  | 0 | (518)
Dividends from (investments in) consolidated subsidiaries |  |  | (16) | (41)
Asset sales and other, net |  |  | 58 | 208
Net cash used in investing activities |  |  | 18 | (848)
Cash flow from financing activities: |  |  |  |
Proceeds from debt |  |  | 0 | 0
Repayments of debt |  |  | (139) | 0
Intercompany loans |  |  | 512 | 1,223
Proceeds from Issuance of Common Stock |  |  |  | 0
Cash dividends paid and contributions received, net |  |  | 0 | (78)
Other, net |  |  | (11) | (2)
Net cash used in financing activities |  |  | 362 | 1,143
Net (decrease) increase in cash and cash equivalents |  |  | (3) | 1
Increase (Decrease) In Cash And Cash Equivalents In Assets Held For Sale |  |  | 0 | 0
Cash and cash equivalents at beginning of year |  |  | 3 | 0
Cash and cash equivalents at end of period | 0 | 1 | 0 | 1
Reportable Legal Entities [Member] | Non-Guarantor Subsidiaries [Member] |  |  |  |
Cash flow from operating activities: |  |  |  |
Net cash provided by operating activities |  |  | 3,623 | 3,151
Cash flow from investing activities: |  |  |  |
Capital expenditures |  |  | (996) | (1,814)
Intercompany loans |  |  | 0 | 0
Dividends from (investments in) consolidated subsidiaries |  |  | 93 | 124
Asset sales and other, net |  |  | (12) | 1,210
Net cash used in investing activities |  |  | (915) | (480)
Cash flow from financing activities: |  |  |  |
Proceeds from debt |  |  | 795 | 1,742
Repayments of debt |  |  | (937) | (2,041)
Intercompany loans |  |  | 97 | 316
Proceeds from Issuance of Common Stock |  |  |  | 374
Cash dividends paid and contributions received, net |  |  | (1,839) | (2,096)
Other, net |  |  | (64) | (15)
Net cash used in financing activities |  |  | (1,948) | (1,720)
Net (decrease) increase in cash and cash equivalents |  |  | 760 | 951
Increase (Decrease) In Cash And Cash Equivalents In Assets Held For Sale |  |  | (45) | (43)
Cash and cash equivalents at beginning of year |  |  | 4,242 | 177
Cash and cash equivalents at end of period | $ 4,957 | $ 1,085 | $ 4,957 | $ 1,085

X
- Definition (Increase) Decrease In Cash And Cash Equivalents In Assets Held For Sale + References No definition available. + Details
Name: | fcx_IncreaseDecreaseInCashAndCashEquivalentsInAssetsHeldForSale
Namespace Prefix: | fcx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net cash outflow or inflow from other investing activities, excluding investment in subsidiaries. This element is used when there is not a more specific and appropriate element in the taxonomy. + References No definition available. + Details
Name: | fcx_PaymentsforProceedsfromOtherInvestingActivitiesExcludingInvestmentinSubsidiaries
Namespace Prefix: | fcx_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow or outflow associated with long-term loans for related parties where one party can exercise control or significant influence over another party, including affiliates, owners or officers and their immediate families, pension trusts, and so forth. This concept relates to payments that are investing activities. + References No definition available. + Details
Name: | fcx_ProceedsFromPaymentsForLongTermLoansforRelatedPartiesInvestingActivity
Namespace Prefix: | fcx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=82887183&loc=d3e6676-107765 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3044-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CashAndCashEquivalentsAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 230 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906 + Details
Name: | us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3574-108585 + Details
Name: | us-gaap_NetCashProvidedByUsedInFinancingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3574-108585 + Details
Name: | us-gaap_NetCashProvidedByUsedInInvestingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3521-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3536-108585 + Details
Name: | us-gaap_NetCashProvidedByUsedInOperatingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDividends
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of or advances to an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, and joint venture or equity method investment) or the acquisition of an additional interest in a subsidiary (controlled entity). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireProductiveAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow from the additional capital contribution to the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfCommonStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. + References No definition available. + Details
Name: | us-gaap_ProceedsFromIssuanceOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow or outflow associated with long-term loans for related parties where one party can exercise control or significant influence over another party, including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from (Payments for) Advances to Affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3179-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3213-108585 + Details
Name: | us-gaap_ProceedsFromPaymentsForLongTermLoansForRelatedParties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash inflow (outflow) from financing activities classified as other. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3095-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3098-108585 + Details
Name: | us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt and payment of capital lease obligations. + References No definition available. + Details
Name: | us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_ConsolidationEliminationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_ReportableLegalEntitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidatedEntitiesAxis=us-gaap_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidatedEntitiesAxis=us-gaap_GuarantorSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidatedEntitiesAxis=us-gaap_NonGuarantorSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |