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GUARANTOR FINANCIAL STATEMENTS (Condensed Consolidating Balance Sheet) (Details) - USD ($) $ in Millions | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
--- | --- | --- | --- | ---
ASSETS |  |  |  |
Assets, Current | $ 10,720 | $ 10,626 |  |
Property, plant, equipment and mine development costs, net | 28,010 | 22,994 |  |
Investments in consolidated subsidiaries | 0 | 0 |  |
Other assets | 3,486 | 3,682 |  |
Total assets | 42,216 | 37,302 | $ 37,317 |
LIABILITIES AND EQUITY |  |  |  |
Liabilities, Current | 3,329 | 4,914 |  |
Long-term debt, less current portion | 11,124 | 11,815 |  |
Deferred income taxes | 4,032 | 3,663 |  |
Environmental and asset retirement obligations, less current portion | 3,609 | 3,602 |  |
Investments in consolidated subsidiary | 0 | 0 |  |
Other Liabilities, Noncurrent | 2,230 | 2,012 |  |
Total liabilities | 24,324 | 26,006 |  |
Equity: |  |  |  |
Stockholders’ equity | 9,798 | 7,977 |  |
Noncontrolling interests | 8,094 | 3,319 |  |
Total equity | 17,892 | 11,296 | $ 9,257 | $ 12,044
Total liabilities and equity | 42,216 | 37,302 |  |
Eliminations |  |  |  |
ASSETS |  |  |  |
Assets, Current | (585) | (790) |  |
Property, plant, equipment and mine development costs, net | 0 | (10) |  |
Investments in consolidated subsidiaries | (19,064) | (19,570) |  |
Other assets | (635) | (491) |  |
Total assets | (20,284) | (20,861) |  |
LIABILITIES AND EQUITY |  |  |  |
Liabilities, Current | (617) | (938) |  |
Long-term debt, less current portion | (11,103) | (10,270) |  |
Deferred income taxes | 0 | 0 |  |
Environmental and asset retirement obligations, less current portion | 0 | 0 |  |
Investments in consolidated subsidiary | (11,091) | (11,250) |  |
Other Liabilities, Noncurrent | (3,486) | (3,488) |  |
Total liabilities | (26,297) | (25,946) |  |
Equity: |  |  |  |
Stockholders’ equity | 601 | 4,480 |  |
Noncontrolling interests | 5,412 | 605 |  |
Total equity | 6,013 | 5,085 |  |
Total liabilities and equity | (20,284) | (20,861) |  |
FCX Issuer | Reportable Legal Entities |  |  |  |
ASSETS |  |  |  |
Assets, Current | 309 | 75 |  |
Property, plant, equipment and mine development costs, net | 19 | 14 |  |
Investments in consolidated subsidiaries | 19,064 | 19,570 |  |
Other assets | 880 | 943 |  |
Total assets | 20,272 | 20,602 |  |
LIABILITIES AND EQUITY |  |  |  |
Liabilities, Current | 245 | 1,683 |  |
Long-term debt, less current portion | 9,594 | 10,021 |  |
Deferred income taxes | 524 | 748 |  |
Environmental and asset retirement obligations, less current portion | 0 | 0 |  |
Investments in consolidated subsidiary | 0 | 0 |  |
Other Liabilities, Noncurrent | 111 | 173 |  |
Total liabilities | 10,474 | 12,625 |  |
Equity: |  |  |  |
Stockholders’ equity | 9,798 | 7,977 |  |
Noncontrolling interests | 0 | 0 |  |
Total equity | 9,798 | 7,977 |  |
Total liabilities and equity | 20,272 | 20,602 |  |
FM O&G LLC Guarantor | Reportable Legal Entities |  |  |  |
ASSETS |  |  |  |
Assets, Current | 620 | 671 |  |
Property, plant, equipment and mine development costs, net | 7 | 11 |  |
Investments in consolidated subsidiaries | 0 | 0 |  |
Other assets | 23 | 48 |  |
Total assets | 650 | 730 |  |
LIABILITIES AND EQUITY |  |  |  |
Liabilities, Current | 34 | 220 |  |
Long-term debt, less current portion | 6,984 | 6,512 |  |
Deferred income taxes | 0 | 0 |  |
Environmental and asset retirement obligations, less current portion | 227 | 201 |  |
Investments in consolidated subsidiary | 578 | 853 |  |
Other Liabilities, Noncurrent | 3,340 | 3,340 |  |
Total liabilities | 11,163 | 11,126 |  |
Equity: |  |  |  |
Stockholders’ equity | (10,513) | (10,396) |  |
Noncontrolling interests | 0 | 0 |  |
Total equity | (10,513) | (10,396) |  |
Total liabilities and equity | 650 | 730 |  |
Non-Guarantor Subsidiaries | Reportable Legal Entities |  |  |  |
ASSETS |  |  |  |
Assets, Current | 10,376 | 10,670 |  |
Property, plant, equipment and mine development costs, net | 27,984 | 22,979 |  |
Investments in consolidated subsidiaries | 0 | 0 |  |
Other assets | 3,218 | 3,182 |  |
Total assets | 41,578 | 36,831 |  |
LIABILITIES AND EQUITY |  |  |  |
Liabilities, Current | 3,667 | 3,949 |  |
Long-term debt, less current portion | 5,649 | 5,552 |  |
Deferred income taxes | 3,508 | 2,915 |  |
Environmental and asset retirement obligations, less current portion | 3,382 | 3,401 |  |
Investments in consolidated subsidiary | 10,513 | 10,397 |  |
Other Liabilities, Noncurrent | 2,265 | 1,987 |  |
Total liabilities | 28,984 | 28,201 |  |
Equity: |  |  |  |
Stockholders’ equity | 9,912 | 5,916 |  |
Noncontrolling interests | 2,682 | 2,714 |  |
Total equity | 12,594 | 8,630 |  |
Total liabilities and equity | $ 41,578 | $ 36,831 |  |

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