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Guarantor Financial Statements (Unaudited) Condensed Consolidating Balance Sheets (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
ASSETS      
Current assets $ 7,233 $ 7,462  
Property, plant, equipment and mining development costs, net 27,376 27,509  
Oil and gas properties, net - full cost method      
Subject to amortization, less accumulated amortization and impairment 1,700 2,262  
Not subject to amortization 1,743 4,831  
Investments in consolidated subsidiaries 0 0  
Other assets 4,612 4,513  
Total assets 42,664 46,577 $ 56,065
LIABILITIES AND EQUITY      
Current liabilities 4,426 4,307  
Long-term debt, less current portion 19,638 19,779  
Deferred income taxes 4,442 4,288  
Environmental and asset retirement obligations, less current portion 3,762 3,739  
Investments in consolidated subsidiaries 0 0  
Other liabilities 1,659 1,656  
Total liabilities 33,927 33,769  
Redeemable noncontrolling interest 767 764  
Equity:      
Stockholders' equity 3,692 7,828  
Noncontrolling interests 4,278 4,216  
Total equity 7,970 12,044  
Total liabilities and equity 42,664 46,577  
FCX Issuer [Member]      
ASSETS      
Current assets 272 181  
Property, plant, equipment and mining development costs, net 25 26  
Oil and gas properties, net - full cost method      
Subject to amortization, less accumulated amortization and impairment 0 0  
Not subject to amortization 0 0  
Investments in consolidated subsidiaries 20,674 24,311  
Other assets 1,135 5,038  
Total assets 22,106 29,556  
LIABILITIES AND EQUITY      
Current liabilities 2,714 6,012  
Long-term debt, less current portion 14,599 14,735  
Deferred income taxes [1] 1,060 941  
Environmental and asset retirement obligations, less current portion 0 0  
Investments in consolidated subsidiaries 0 0  
Other liabilities 41 40  
Total liabilities 18,414 21,728  
Redeemable noncontrolling interest 0 0  
Equity:      
Stockholders' equity 3,692 7,828  
Noncontrolling interests 0 0  
Total equity 3,692 7,828  
Total liabilities and equity 22,106 29,556  
FM O&G LLC Guarantor [Member]      
ASSETS      
Current assets 2,600 3,831  
Property, plant, equipment and mining development costs, net 59 57  
Oil and gas properties, net - full cost method      
Subject to amortization, less accumulated amortization and impairment 517 710  
Not subject to amortization 415 1,393  
Investments in consolidated subsidiaries 0 0  
Other assets 34 1,826  
Total assets 3,625 7,817  
LIABILITIES AND EQUITY      
Current liabilities 660 666  
Long-term debt, less current portion 6,592 5,883  
Deferred income taxes 0 0  
Environmental and asset retirement obligations, less current portion 310 305  
Investments in consolidated subsidiaries 483 0  
Other liabilities 3,355 3,360  
Total liabilities 11,400 10,214  
Redeemable noncontrolling interest 0 0  
Equity:      
Stockholders' equity (7,775) (2,397)  
Noncontrolling interests 0 0  
Total equity (7,775) (2,397)  
Total liabilities and equity 3,625 7,817  
Non-Guarantor Subsidiaries [Member]      
ASSETS      
Current assets 8,092 10,982  
Property, plant, equipment and mining development costs, net 27,292 27,426  
Oil and gas properties, net - full cost method      
Subject to amortization, less accumulated amortization and impairment 1,183 1,552  
Not subject to amortization 1,326 3,432  
Investments in consolidated subsidiaries 0 0  
Other assets 4,533 4,447  
Total assets 42,426 47,839  
LIABILITIES AND EQUITY      
Current liabilities 4,782 5,155  
Long-term debt, less current portion 11,818 11,594  
Deferred income taxes 3,382 3,347  
Environmental and asset retirement obligations, less current portion 3,452 3,434  
Investments in consolidated subsidiaries 7,775 2,397  
Other liabilities 1,751 1,747  
Total liabilities 32,960 27,674  
Redeemable noncontrolling interest 767 764  
Equity:      
Stockholders' equity 4,966 15,725  
Noncontrolling interests 3,733 3,676  
Total equity 8,699 19,401  
Total liabilities and equity 42,426 47,839  
Eliminations [Member]      
ASSETS      
Current assets (3,731) (7,532)  
Property, plant, equipment and mining development costs, net 0 0  
Oil and gas properties, net - full cost method      
Subject to amortization, less accumulated amortization and impairment 0 0  
Not subject to amortization 2 6  
Investments in consolidated subsidiaries (20,674) (24,311)  
Other assets (1,090) (6,798)  
Total assets (25,493) (38,635)  
LIABILITIES AND EQUITY      
Current liabilities (3,730) (7,526)  
Long-term debt, less current portion (13,371) (12,433)  
Deferred income taxes 0 0  
Environmental and asset retirement obligations, less current portion 0 0  
Investments in consolidated subsidiaries (8,258) (2,397)  
Other liabilities (3,488) (3,491)  
Total liabilities (28,847) (25,847)  
Redeemable noncontrolling interest 0 0  
Equity:      
Stockholders' equity 2,809 (13,328)  
Noncontrolling interests 545 540  
Total equity 3,354 (12,788)  
Total liabilities and equity $ (25,493) $ (38,635)  
[1] All U.S. related deferred income taxes are recorded at the parent company.