XML 44 R27.htm IDEA: XBRL DOCUMENT v3.21.1
Debt and Equity (Details)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 4 Months Ended 9 Months Ended 34 Months Ended 38 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Mar. 31, 2021
USD ($)
$ / shares
shares
Mar. 31, 2020
USD ($)
$ / shares
shares
Jun. 30, 2021
Sep. 30, 2023
Sep. 30, 2022
Apr. 30, 2024
Apr. 30, 2024
Dec. 31, 2020
USD ($)
Debt Instrument [Line Items]                    
Dilutive Securities Excluded from Computation of EPS Amount | shares     10 40            
Total Debt [Abstract]                    
Current portion of debt     $ (656)             $ (34)
Long-term Debt and Lease Obligation, Including Current Maturities     9,809             9,711
Net loss on early extinguishment of debt     0 $ 32            
Interest costs     $ 160 $ 171            
Dividends declared per share of common stock (in dollars per share) | $ / shares     $ 0.075 $ 0            
COVID Response, Dividend Suspended, Price Per Share | $ / shares     $ 0.075              
Long-term debt, less current portion     $ 9,153             9,677
Property, Plant and Equipment [Member]                    
Total Debt [Abstract]                    
Interest costs capitalized     15 $ 44            
Line of Credit [Member] | Cerro Verde [Member]                    
Total Debt [Abstract]                    
Long-term Debt and Lease Obligation, Including Current Maturities     524             523
Line of Credit [Member] | Letter of Credit [Member]                    
Total Debt [Abstract]                    
Letter of credit     10              
Revolving credit facility, availability     1,500              
Line of Credit [Member] | Revolving Credit Facility [Member]                    
Total Debt [Abstract]                    
Long-term Debt and Lease Obligation, Including Current Maturities     0              
Revolving credit facility, availability     3,500              
Line of Credit [Member] | Revolving Credit Facility [Member] | Maturing 2024 [Member]                    
Total Debt [Abstract]                    
Revolving credit facility, availability     3,280              
Line of Credit [Member] | Revolving Credit Facility [Member] | Maturing 2023 [Member]                    
Total Debt [Abstract]                    
Revolving credit facility, availability     220              
Senior Notes [Member] | FCX [Member]                    
Total Debt [Abstract]                    
Long-term Debt and Lease Obligation, Including Current Maturities     8,785             8,783
Debentures [Member] | Freeport McMoRan Corporation [Member]                    
Total Debt [Abstract]                    
Long-term Debt and Lease Obligation, Including Current Maturities     356             356
Other Debt, Including Capital Leases and Short Term Borrowings [Member]                    
Total Debt [Abstract]                    
Long-term Debt and Lease Obligation, Including Current Maturities     $ 144             $ 49
Forecast                    
Debt Instrument [Line Items]                    
Debt Instrument, Covenant Compliance, Leverage Ratio         5.25     3.75    
Total Debt [Abstract]                    
Debt Instrument, Covenant, Interest Coverage Ratio, Minimum                 2.25  
Forecast | Revolving Credit Facility [Member] | Credit Agreement [Member]                    
Debt Instrument [Line Items]                    
Debt Instrument, Covenant Compliance, Leverage Ratio 3.75 5.25                
Total Debt [Abstract]                    
Debt Instrument, Covenant, Interest Coverage Ratio, Minimum           2.75 2.00