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Dispositions (TF Holdings Limited) (Details)
$ in Millions
3 Months Ended
Nov. 16, 2016
USD ($)
$ / lb
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Nov. 15, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Other assets   $ 2,010 $ 1,956  
Kisanfu Exploration Project        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Ownership percentage   100.00%    
Freeport Cobalt        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Ownership percentage   56.00%    
Discontinued Operations, Disposed of by Sale | TF Holdings Limited        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Proceeds from divestiture, net $ 2,650      
Contingent receivable 120      
Other assets   $ 49    
Discontinued Operation, Change in Contingent Receivable   $ 36    
Copper | Discontinued Operations, Disposed of by Sale | TF Holdings Limited        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Contingent receivable $ 60      
Contingent consideration, reference threshold, price per barrel (in us dollars per pound) | $ / lb 3.50      
Cobalt | Discontinued Operations, Disposed of by Sale | TF Holdings Limited        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Contingent receivable $ 60      
Contingent consideration, reference threshold, price per barrel (in us dollars per pound) | $ / lb 20      
TF Holdings Limited        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Ownership percentage       70.00%
Tenke Fungurume [Member] | TF Holdings Limited        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Ownership percentage       80.00%