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GUARANTOR FINANCIAL STATEMENTS (Condensed Consolidating Balance Sheet) (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
ASSETS        
Assets, Current $ 7,915 $ 10,464    
Property, plant, equipment and mine development costs, net 29,584 28,010    
Investments in consolidated subsidiaries 0 0    
Other assets 3,310 3,742    
Total assets 40,809 42,216 $ 37,302  
LIABILITIES AND EQUITY        
Liabilities, Current 3,209 3,329    
Long-term debt, less current portion 9,821 11,124    
Deferred income taxes 4,210 4,032    
Environmental and asset retirement obligations, less current portion 3,630 3,609    
Investments in consolidated subsidiary 0 0    
Other liabilities 2,491 2,230    
Total liabilities 23,361 24,324    
Equity:        
Stockholders’ equity 9,298 9,798    
Noncontrolling interests 8,150 8,094    
Total equity 17,448 17,892 $ 11,296 $ 9,257
Total liabilities and equity 40,809 42,216    
Eliminations        
ASSETS        
Assets, Current (674) (585)    
Property, plant, equipment and mine development costs, net 12 0    
Investments in consolidated subsidiaries (17,027) (19,064)    
Other assets (1,452) (635)    
Total assets (19,141) (20,284)    
LIABILITIES AND EQUITY        
Liabilities, Current (706) (617)    
Long-term debt, less current portion (12,401) (11,103)    
Deferred income taxes 0 0    
Environmental and asset retirement obligations, less current portion 0 0    
Investments in consolidated subsidiary (11,558) (11,091)    
Other liabilities (3,494) (3,486)    
Total liabilities (28,159) (26,297)    
Equity:        
Stockholders’ equity 3,564 601    
Noncontrolling interests 5,454 5,412    
Total equity 9,018 6,013    
Total liabilities and equity (19,141) (20,284)    
FCX Issuer | Reportable Legal Entities        
ASSETS        
Assets, Current 154 309    
Property, plant, equipment and mine development costs, net 16 19    
Investments in consolidated subsidiaries 17,027 19,064    
Other assets 1,604 880    
Total assets 18,801 20,272    
LIABILITIES AND EQUITY        
Liabilities, Current 323 245    
Long-term debt, less current portion 8,602 9,594    
Deferred income taxes 468 524    
Environmental and asset retirement obligations, less current portion 0 0    
Investments in consolidated subsidiary 0 0    
Other liabilities 110 111    
Total liabilities 9,503 10,474    
Equity:        
Stockholders’ equity 9,298 9,798    
Noncontrolling interests 0 0    
Total equity 9,298 9,798    
Total liabilities and equity 18,801 20,272    
FM O&G LLC Guarantor | Reportable Legal Entities        
ASSETS        
Assets, Current 657 620    
Property, plant, equipment and mine development costs, net 1 7    
Investments in consolidated subsidiaries 0 0    
Other assets 21 23    
Total assets 679 650    
LIABILITIES AND EQUITY        
Liabilities, Current 42 34    
Long-term debt, less current portion 7,328 6,984    
Deferred income taxes 0 0    
Environmental and asset retirement obligations, less current portion 224 227    
Investments in consolidated subsidiary 652 578    
Other liabilities 3,340 3,340    
Total liabilities 11,586 11,163    
Equity:        
Stockholders’ equity (10,907) (10,513)    
Noncontrolling interests 0 0    
Total equity (10,907) (10,513)    
Total liabilities and equity 679 650    
Non-Guarantor Subsidiaries | Reportable Legal Entities        
ASSETS        
Assets, Current 7,778 10,120    
Property, plant, equipment and mine development costs, net 29,555 27,984    
Investments in consolidated subsidiaries 0 0    
Other assets 3,137 3,474    
Total assets 40,470 41,578    
LIABILITIES AND EQUITY        
Liabilities, Current 3,550 3,667    
Long-term debt, less current portion 6,292 5,649    
Deferred income taxes 3,742 3,508    
Environmental and asset retirement obligations, less current portion 3,406 3,382    
Investments in consolidated subsidiary 10,906 10,513    
Other liabilities 2,535 2,265    
Total liabilities 30,431 28,984    
Equity:        
Stockholders’ equity 7,343 9,912    
Noncontrolling interests 2,696 2,682    
Total equity 10,039 12,594    
Total liabilities and equity $ 40,470 $ 41,578