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GUARANTOR FINANCIAL STATEMENTS (Condensed Consolidated Cash Flow Statement) (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Mar. 31, 2020
Aug. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Condensed Cash Flow Statements [Line Items]            
Revenues     $ 14,198 $ 14,402 $ 18,628  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents     3,903 2,278 4,455 $ 4,710
Cash flow from operating activities:            
Net income (loss)     865 (189) 2,894  
Costs and Expenses     11,761 13,311 13,874  
Operating income (loss)     2,437 1,091 4,754  
Interest expense, net     (598) (620) (945)  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest     1,797 306 3,892  
Provision for income taxes     944 510 991  
Net income (loss) from continuing operations     865 (192) 2,909  
Net income (loss) from discontinued operations     0 3 (15)  
Net income from continuing operations attributable to noncontrolling interests     (266) (50) (292)  
Net (loss) income attributable to common stockholders     599 (239) 2,602  
Total comprehensive income (loss) attributable to common stockholders     692 (310) 2,569  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:            
Depreciation, depletion and amortization     1,528 1,412 1,754  
Equity in affiliated companies’ net earnings     12 12 8  
Net cash provided by (used in) operating activities     3,017 1,482 3,863  
Cash flow from investing activities:            
Capital expenditures     (1,961) (2,652) (1,971)  
Acquisition of PT Rio Tinto Indonesia     0 0 (3,500)  
Proceeds from sales     0      
Net cash provided by (used in) investing activities     (1,264) (2,103) (5,018)  
Cash flow from financing activities:            
Proceeds from debt $ 1,285 $ 1,187 3,531 1,879 632  
Repayments of debt     (3,724) (3,197) (2,717)  
Other, net     (18) (30) (19)  
Net cash (used in) provided by financing activities     (128) (1,556) 900  
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of year     $ 3,657 2,020    
Freeport-McMoRan Oil & Gas            
Adjustments to reconcile net income (loss) to net cash provided by operating activities:            
Net gain on sales of assets         $ (27)  
Cash flow from investing activities:            
Proceeds from sales       $ 36