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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flow from operating activities:    
Net income (loss) $ 306 $ (4,101)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 389 722
Impairment of oil and gas properties 0 3,787
Net gain on sales of assets (23) 0
Stock-based compensation 34 30
Net charges for environmental and asset retirement obligations, including accretion 71 57
Payments for environmental and asset retirement obligations 33 90
Deferred income taxes 20 152
Gain on disposal of discontinued operations 32 0
Decrease (increase) in long term mill and leach stockpiles 8 (53)
Oil and gas contract settlement payments 70 0
Other, net (56) 48
Changes in working capital and other tax payments, excluding amounts from dispositions:    
Accounts receivable 623 93
Inventories (135) 114
Other current assets (13) (68)
Accounts payable and accrued liabilities (433) 9
Accrued income taxes and changes in other tax payments 136 40
Net cash provided by operating activities 792 740
Cash flow from investing activities:    
Capital expenditures 344 982
Other, net (21) 2
Net cash used in investing activities (365) (980)
Cash flow from financing activities:    
Proceeds from debt 157 1,796
Repayments of debt (815) (1,442)
Net proceeds from sale of common stock 0 32
Cash dividends paid:    
Common stock (1) (4)
Noncontrolling interests 15 18
Stock-based awards net payments (5) (4)
Debt financing costs and other, net 0 13
Net cash (used in) provided by financing activities (679) 347
Net (decrease) increase in cash and cash equivalents (252) 107
Decrease (increase) in cash and cash equivalents in assets held for sale 8 (53)
Cash and cash equivalents at beginning of year 4,245 177
Cash and cash equivalents at end of period 4,001 231
North America Copper Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures 28 34
South America Mines Segment [Member]    
Cash flow from investing activities:    
Capital expenditures 15 157
Grasberg Segment [Member]    
Cash flow from investing activities:    
Capital expenditures 244 222
Molybdenum [Member]    
Cash flow from investing activities:    
Capital expenditures 1 1
Other Segments [Member]    
Cash flow from investing activities:    
Capital expenditures $ 56 $ 568