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Debt and Equity (Tables) | 3 Months Ended
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Mar. 31, 2020
Debt Instrument [Line Items] |
Schedule of Debt | The components of debt follow (in millions):
|  | March 31, 2020 |  | December 31, 2019
Senior notes and debentures: |  |  |  |
Issued by FCX |  | $ | 8,773 |  |  | $ | 8,602 |
Issued by Freeport Minerals Corporation (FMC) |  | 357 |  |  | 357 |
Cerro Verde credit facility |  | 826 |  |  | 826 |
Other |  | 118 |  |  | 41 |
Total debt |  | 10,074 |  |  | 9,826 |
Less current portion of debt |  | (245 | ) |  | (5 | )
Long-term debt |  | $ | 9,829 |  |  | $ | 9,821 |
Schedule of Long-term Debt Instruments [Table Text Block] | FCX recorded a loss on early extinguishment of debt totaling $32 million in first-quarter 2020 as follows (in millions):
| Principal Amount |  | Net Adjustments |  | Book Value |  | Tender Value |  | Loss
FCX 4.00% Senior Notes due 2021 | $ | 40 |  |  | $ | — |  |  | $ | 40 |  |  | $ | 42 |  |  | $ | 2 |
FCX 3.55% Senior Notes due 2022 | 1,075 |  |  | 5 |  |  | 1,070 |  |  | 1,100 |  |  | 30 |
| $ | 1,115 |  |  | $ | 5 |  |  | $ | 1,110 |  |  | $ | 1,142 |  |  | $ | 32 |

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