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DISPOSITIONS AND ACQUISITIONS (Tables)
 12 Months Ended
Dec. 31, 2019
Dispositions And Acquisitions [Abstract]  
Allocation of Purchase Price
The following table summarizes the allocation of the purchase price:
Current assets
 
$
25

 
Property, plant, equipment and mine development costs:
 
 
 
Mineral reserves
 
3,056

 
Mine development, infrastructure and other
 
1,559

 
Liabilities other than taxes
 
(77
)
 
Deferred income taxes, net
 
(1,063
)
a 
Total purchase price
 
$
3,500

 
a.
Deferred income taxes have been recognized on the fair value adjustments to net assets using an Indonesia corporate income tax rate of 25 percent.
Consolidated Impact of Transaction The following table summarizes the consolidated impact of the transaction discussed above on FCX’s consolidated balance sheet as of December 21, 2018:
Cash
 
$
458

 
Other current assets
 
23

 
Property, plant, equipment and mine development costs:
 
 
 
Mineral reserves
 
3,056

 
Mine development, infrastructure and other
 
1,559

 
Liabilities other than taxes
 
(77
)
 
Deferred income taxes, net
 
(788
)
 
Noncontrolling interests
 
(4,762
)
a 
Capital in excess of par value
 
531

 
Schedule of Disposal
Net income (loss) from discontinued operations in the consolidated statements of operations consists of the following:
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
 
Income before income taxes and net gain (loss) on disposal
$
—

 
$
—

 
$
13

a 
Net gain (loss) on disposalb
3

 
(15
)
 
57

 
Net income (loss) before income taxes
3

 
(15
)
 
70

 
Provision for income taxes
—

 
—

 
(4
)
 
Net income (loss) from discontinued operations
$
3

 
$
(15
)
 
$
66