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Business Segments (Segment Reporting) (Details)
lb in Millions, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended
Apr. 30, 2020
lb
Sep. 30, 2021
USD ($)
Sep. 30, 2020
USD ($)
$ / lb
Jun. 30, 2020
USD ($)
Sep. 30, 2021
USD ($)
segment
Sep. 30, 2020
USD ($)
$ / lb
Dec. 31, 2020
USD ($)
Segment Reporting Information [Line Items]              
Number of Operating Segments | segment         4    
Deferred Intercompany Profit, Percentage         39.50%    
Revenues   $ 6,083 $ 3,851   $ 16,681 $ 9,703  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (3,009) (2,465)   (8,862) (7,404)  
Cost, Depreciation, Amortization and Depletion   528 394   1,430 1,093  
Metals inventory adjustments   14 9   15 92  
Selling, general and administrative expenses   (102) (72)   (289) (273)  
Mining exploration and research expenses   15 8   36 42  
Environmental obligations and shutdown costs   13 21   51 58  
Net gain on sales of assets   (60) 2   (63) 13  
Operating income   2,462 880   6,061 728  
Interest expense, net   138 120   431 362  
Provision for (benefit from) income taxes   628 297   1,674 333  
Total assets   46,917 41,099   46,917 41,099 $ 42,144
Capital expenditures   541 436   1,344 1,573  
Foreign Tax Authority [Member]              
Segment Reporting Information [Line Items]              
Change in valuation allowance   (69)     $ 69    
Cerro Verde [Member]              
Segment Reporting Information [Line Items]              
Percent of Hourly Employees         6500.00%    
Operating Segments | North America              
Segment Reporting Information [Line Items]              
Revenues   80 16   $ 224 61  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (904) (768)   (2,578) (2,415)  
Cost, Depreciation, Amortization and Depletion   94 91   275 272  
Metals inventory adjustments   13 (4)   13 52  
Selling, general and administrative expenses   (1) (1)   (3) (3)  
Mining exploration and research expenses   1 0   1 2  
Environmental obligations and shutdown costs   (2) (3)   (1) (3)  
Net gain on sales of assets   0 0   0 0  
Operating income   800 384   2,134 469  
Interest expense, net   1 0   1 2  
Provision for (benefit from) income taxes   0 0   0 0  
Total assets   7,830 7,791   7,830 7,791  
Capital expenditures   116 66   211 398  
Operating Segments | South America              
Segment Reporting Information [Line Items]              
Revenues   1,128 740   3,233 1,791  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (630) (477)   (1,769) (1,449)  
Cost, Depreciation, Amortization and Depletion   111 105   306 315  
Metals inventory adjustments   0 0   0 3  
Selling, general and administrative expenses   (2) (2)   (6) (5)  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   0 0   0 0  
Net gain on sales of assets   0 0   0 0  
Operating income   480 222   1,412 175  
Interest expense, net   6 21   31 69  
Provision for (benefit from) income taxes   221 109   577 76  
Total assets   10,397 10,209   10,397 10,209  
Capital expenditures   47 31   94 156  
Corporate And Eliminations              
Segment Reporting Information [Line Items]              
Revenues   434 266   1,168 780  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   1,630 1,034   4,141 2,676  
Cost, Depreciation, Amortization and Depletion   16 21   47 51  
Metals inventory adjustments   1 8   1 26  
Selling, general and administrative expenses   (66) (39)   (182) (169)  
Mining exploration and research expenses   14 8   35 40  
Environmental obligations and shutdown costs   15 24   52 60  
Net gain on sales of assets   (60) 2   (63) 13  
Operating income   (53) (145)   (503) (457)  
Interest expense, net   129 99   387 285  
Provision for (benefit from) income taxes   26 (23)   (3) (46)  
Total assets   7,027 3,343   7,027 3,343  
Capital expenditures   43 32   111 118  
Intersegment              
Segment Reporting Information [Line Items]              
Revenues   0 0   0 0  
Intersegment | North America              
Segment Reporting Information [Line Items]              
Revenues   1,731 1,221   4,779 3,149  
Intersegment | South America              
Segment Reporting Information [Line Items]              
Revenues   95 66   260 156  
PT Smelting | Affiliated Entity [Member]              
Segment Reporting Information [Line Items]              
Revenues   795 506   2,300 1,300  
Freeport Cobalt | Corporate And Eliminations              
Segment Reporting Information [Line Items]              
Net gain on sales of assets         60    
Morenci [Member] | Operating Segments | North America              
Segment Reporting Information [Line Items]              
Revenues   16 4   77 26  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (312) (308)   (932) (1,005)  
Cost, Depreciation, Amortization and Depletion   40 42   114 129  
Metals inventory adjustments   13 0   13 4  
Selling, general and administrative expenses   0 (1)   (1) (2)  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   (1) 0   0 0  
Net gain on sales of assets   0 0   0 0  
Operating income   363 237   1,013 359  
Interest expense, net   0 0   0 2  
Provision for (benefit from) income taxes   0 0   0 0  
Total assets   2,586 2,654   2,586 2,654  
Capital expenditures   42 21   74 92  
Morenci [Member] | Intersegment | North America              
Segment Reporting Information [Line Items]              
Revenues   711 584   1,996 1,473  
Other Mines North America Copper Mines Segment [Member] | Operating Segments | North America              
Segment Reporting Information [Line Items]              
Metals inventory adjustments     (4)     48  
Other Individually Immaterial Operating Segments [Member] | Operating Segments | North America              
Segment Reporting Information [Line Items]              
Revenues   64 12   147 35  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (592) (460)   (1,646) (1,410)  
Cost, Depreciation, Amortization and Depletion   54 49   161 143  
Metals inventory adjustments   0     0    
Selling, general and administrative expenses   (1) 0   (2) (1)  
Mining exploration and research expenses   1 0   1 2  
Environmental obligations and shutdown costs   (1) (3)   (1) (3)  
Net gain on sales of assets   0 0   0 0  
Operating income   437 147   1,121 110  
Interest expense, net   1 0   1 0  
Provision for (benefit from) income taxes   0 0   0 0  
Total assets   5,244 5,137   5,244 5,137  
Capital expenditures   74 45   137 306  
Other Individually Immaterial Operating Segments [Member] | Operating Segments | South America              
Segment Reporting Information [Line Items]              
Revenues   149 108   512 312  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (97) (83)   (306) (297)  
Cost, Depreciation, Amortization and Depletion   10 13   34 42  
Metals inventory adjustments   0 0   0 3  
Selling, general and administrative expenses   0 0   0 0  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   0 0   0 0  
Net gain on sales of assets   0 0   0 0  
Operating income   42 12   172 (30)  
Interest expense, net   0 0   0 0  
Provision for (benefit from) income taxes   24 4   62 (6)  
Total assets   1,843 1,640   1,843 1,640  
Capital expenditures   6 5   10 40  
Other Individually Immaterial Operating Segments [Member] | Intersegment | North America              
Segment Reporting Information [Line Items]              
Revenues   1,020 637   2,783 1,676  
Other Individually Immaterial Operating Segments [Member] | Intersegment | South America              
Segment Reporting Information [Line Items]              
Revenues   0 0   0 0  
Cerro Verde [Member] | Operating Segments | South America              
Segment Reporting Information [Line Items]              
Revenues   979 632   2,721 1,479  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (533) (394)   (1,463) (1,152)  
Cost, Depreciation, Amortization and Depletion   101 92   272 273  
Metals inventory adjustments   0 0   0 0  
Selling, general and administrative expenses   (2) (2)   (6) (5)  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   0 0   0 0  
Net gain on sales of assets   0 0   0 0  
Operating income   438 210   1,240 205  
Interest expense, net   6 21   31 69  
Provision for (benefit from) income taxes   197 105   515 82  
Total assets   8,554 8,569   8,554 8,569  
Capital expenditures   41 26   84 116  
Labor and Related Expense         74    
Cerro Verde [Member] | Intersegment | South America              
Segment Reporting Information [Line Items]              
Revenues   95 66   260 156  
Grasberg Segment [Member]              
Segment Reporting Information [Line Items]              
Capital expenditures         904 865  
Grasberg Segment [Member] | Operating Segments | Indonesia              
Segment Reporting Information [Line Items]              
Revenues   1,961 1,023   5,097 2,151  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (569) (409)   (1,552) (1,130)  
Cost, Depreciation, Amortization and Depletion   280 150   726 375  
Metals inventory adjustments   0 0   0 0  
Selling, general and administrative expenses   (28) (25)   (81) (81)  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   0 0   0 0  
Net gain on sales of assets   0 0   0 0  
Operating income   1,165 442   2,927 603  
Interest expense, net   1 0   8 2  
Provision for (benefit from) income taxes   382 211   1,101 302  
Total assets   18,592 16,858   18,592 16,858  
Capital expenditures   328 297   904 865  
Grasberg Segment [Member] | Intersegment | Indonesia              
Segment Reporting Information [Line Items]              
Revenues   81 3   189 38  
Molybdenum              
Segment Reporting Information [Line Items]              
Capital expenditures         4 14  
Molybdenum | Operating Segments              
Segment Reporting Information [Line Items]              
Revenues   0 0   0 0  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (70) (51)   (183) (178)  
Cost, Depreciation, Amortization and Depletion   19 13   51 44  
Metals inventory adjustments   0 3   1 8  
Selling, general and administrative expenses   0 0   0 0  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   0 0   0 0  
Net gain on sales of assets   0 0   0 0  
Operating income   62 (25)   75 (59)  
Interest expense, net   0 0   0 0  
Provision for (benefit from) income taxes   0 0   0 0  
Total assets   1,726 1,770   1,726 1,770  
Capital expenditures   1 3   4 14  
Molybdenum | Intersegment              
Segment Reporting Information [Line Items]              
Revenues   151 42   310 171  
Rod and Refining Segment [Member] | Operating Segments              
Segment Reporting Information [Line Items]              
Revenues   1,697 1,270   4,695 3,491  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (1,701) (1,272)   (4,708) (3,529)  
Cost, Depreciation, Amortization and Depletion   1 6   3 14  
Metals inventory adjustments   0 2   0 3  
Selling, general and administrative expenses   0 0   0 0  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   0 0   0 1  
Net gain on sales of assets   0 0   0 0  
Operating income   2 (2)   4 (32)  
Interest expense, net   0 0   0 0  
Provision for (benefit from) income taxes   0 0   0 0  
Total assets   278 251   278 251  
Capital expenditures   1 1   2 5  
Rod and Refining Segment [Member] | Intersegment              
Segment Reporting Information [Line Items]              
Revenues   7 8   20 24  
Atlantic Copper Smelting and Refining Segment [Member] | Operating Segments              
Segment Reporting Information [Line Items]              
Revenues   783 536   2,264 1,429  
Cost of Goods Sold, Excluding Depreciation, Depletion, and Amortization (Deprecated 2019-01-31)   (765) (522)   (2,213) (1,379)  
Cost, Depreciation, Amortization and Depletion   7 8   22 22  
Metals inventory adjustments   0 0   0 0  
Selling, general and administrative expenses   (5) (5)   (17) (15)  
Mining exploration and research expenses   0 0   0 0  
Environmental obligations and shutdown costs   0 0   0 0  
Net gain on sales of assets   0 0   0 0  
Operating income   6 4   12 29  
Interest expense, net   1 0   4 4  
Provision for (benefit from) income taxes   (1) 0   (1) 1  
Total assets   1,067 877   1,067 877  
Capital expenditures   5 6   18 17  
Atlantic Copper Smelting and Refining Segment [Member] | Intersegment              
Segment Reporting Information [Line Items]              
Revenues   0 3   0 16  
Corporate And Eliminations | Intersegment              
Segment Reporting Information [Line Items]              
Revenues   (2,065) (1,343)   (5,558) (3,554)  
Miami smelter | Corporate And Eliminations              
Segment Reporting Information [Line Items]              
Cost, Maintenance           87  
Indonesia Smelter              
Segment Reporting Information [Line Items]              
Capital expenditures         79 94  
Indonesia Smelter | Corporate And Eliminations              
Segment Reporting Information [Line Items]              
Capital expenditures   $ 31 $ 27   $ 79 $ 94  
Forward Contracts [Member]              
Segment Reporting Information [Line Items]              
Derivative financial instruments       $ 24      
Derivative, Forward Price | $ / lb     2.34     2.34  
Forward Contracts [Member] | Designated as Hedging Instrument [Member]              
Segment Reporting Information [Line Items]              
Derivative, Nonmonetary Notional Amount, Mass | lb 150