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Debt and Equity Transactions (Unaudited) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Feb. 27, 2015
Dec. 31, 2014
Apr. 30, 2014
Extinguishment of Debt [Line Items]              
Long-term Debt, Gross $ 20,900,000,000   $ 20,900,000,000        
Liabilities, Fair Value Adjustment     225,000,000        
Debt Instrument, Unamortized Discount (Premium), Net 21,000,000   21,000,000        
Unamortized Debt Issuance Expense 116,000,000   116,000,000     $ 121,000,000  
Net gain on early extinguishment of debt 0 $ 5,000,000 0 $ 5,000,000      
Bank Term Loan [Member]              
Extinguishment of Debt [Line Items]              
Debt Instrument, Face Amount 4,000,000,000   4,000,000,000        
Long-term Debt, Maturities, Repayments of Principal in Year Two         $ 205,000,000 650,000,000  
Long-term Debt, Maturities, Repayments of Principal in Year Three         272,000,000 200,000,000  
Long-term Debt, Maturities, Repayments of Principal in Year Four         1,000,000,000 $ 2,200,000,000  
Long-term Debt, Maturities, Repayments of Principal in Year Five         313,000,000    
Long-term Debt, Maturities, Repayments of Principal after Year Five         $ 1,300,000,000    
Credit Facility [Domain] | Revolving Credit Facility [Member]              
Extinguishment of Debt [Line Items]              
Long-term Debt, Gross 985,000,000   985,000,000        
Letters of Credit Outstanding, Amount 42,000,000   42,000,000        
Line of Credit Facility, Remaining Borrowing Capacity 3,000,000,000   3,000,000,000        
Line Of Credit Facility Remaining Borrowing Capacity Available For Letters Of Credit 1,500,000,000   1,500,000,000        
Senior Notes [Member] | 6.625% Senior Notes due 2021 [Member]              
Extinguishment of Debt [Line Items]              
Extinguishment of Debt, Amount   210,000,000          
Debt Instrument, Interest Rate, Stated Percentage             6.625%
Net gain on early extinguishment of debt   $ 6,000,000          
Cerro Verde [Member] | Credit Facility [Domain]              
Extinguishment of Debt [Line Items]              
Long-term Debt, Gross 1,300,000,000   1,300,000,000        
Line of Credit Facility, Maximum Borrowing Capacity 1,800,000,000   1,800,000,000        
Letters of Credit Outstanding, Amount 0   0        
Line of Credit Facility, Remaining Borrowing Capacity $ 531,000,000   $ 531,000,000        
Term of Debt Agreement     5 years