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COMMITMENTS AND GUARANTEES Leases (Tables) | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Assets And Liabilities, Lessee [Table Text Block] | The components of FCX’s leases presented in the consolidated balance sheet for the years ended December 31 follow:
| December 31, |  |  |
| 2022 |  | 2021 |  |  |
Lease right-of-use assets (included in property, plant, equipment and mine development costs, net) | $ | 342 |  |  | $ | 337 |  |  |  |
Short-term lease liabilities (included in accounts payable and accrued liabilities) | $ | 38 |  |  | $ | 38 |  |  |  |
Long-term lease liabilities (included in other liabilities)a | 294 |  |  | 281 |  |  |  |
Total lease liabilities | $ | 332 |  |  | $ | 319 |  |  |  |
a.Includes a land lease by PT-FI for the greenfield smelter totaling $141 million at December 31, 2022 and $126 million at December 31, 2021. This is FCX’s only significant finance lease.
Lease, Cost [Table Text Block] | Operating lease costs, primarily included in production and delivery expense in the consolidated statements of income, for the years ended December 31 follow:
|  | 2022 |  | 2021 |  | 2020
Operating leases |  | $ | 46 |  |  | $ | 42 |  |  | $ | 42 |
Variable and short-term leases |  | 84 |  |  | 62 |  |  | 74 |
Total operating lease costs |  | $ | 130 |  |  | $ | 104 |  |  | $ | 116 |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | The future minimum payments for leases presented in the consolidated balance sheet at December 31, 2022, follow:
2023 | $ | 48 |  |  |
2024 | 85 |  |  |
2025 | 34 |  |  |
2026 | 29 |  |  |
2027 | 24 |  |  |
Thereafter | 186 |  |  |
Total payments | 406 |  |  |
Less amount representing interest | (74) |  |  |
Present value of net minimum lease payments | 332 |  |  |
Less current portion | (38) |  |  |
Long-term portion | $ | 294 |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 + Details
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