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QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Footnotes) (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Schedule of Quarterly Financial Information [Line Items]                        
Earnings Per Share, Basic   $ 0.72                    
Earnings Per Share, Diluted   $ 0.71 $ 0.19 $ 0.18 $ 0.16         $ 1.25    
Weighted Average Number of Shares Outstanding, Diluted   1,455,000,000.00 1,454,000,000.00 1,453,000,000.00 1,454,000,000.00 1,410,000,000 1,351,000,000 1,269,000,000 1,251,000,000 1,454,000,000.00 1,318,000,000 1,082,000,000
Net (loss) income attributable to common stockholders   $ (1,041) $ (280) $ (268) $ (228) $ (292) $ (217) $ 479 $ 4,184 $ (1,817) $ 4,154 $ 12,236
Continuing operations (in dollars per share)           $ 0.22 $ 0.18 $ (0.23) $ (3.34) $ 1.21 $ (2.96) $ (11.32)
Income (Loss) from Continuing Operations, Per Basic Share   $ 0.71                    
Income (Loss) from Continuing Operations, Per Diluted Share   $ 0.70 $ 0.19 $ 0.18 $ 0.13         $ 1.21    
Production and delivery                   $ 10,300 $ 10,697 $ 10,693
Interest expense, net                   (801) (755) (617)
Provision for (benefit from) income taxes                   883 371 (1,951)
Net income from continuing operations attributable to noncontrolling interests                   (274) (227) (27)
Operating income (loss)   $ 1,467 $ 917 $ 669 $ 580 $ 703 $ 359 $ 18 $ (3,872) 3,633 (2,792) (13,512)
Environmental obligations and shutdown costs   157 64 (30) 19         210    
Net gain on sales of assets   15 33 10 23 (113) 13 749   81 649 39
Net tax credits to net income attributable to common stockholders                   $ 438    
Earnings per share attributable to common stockholders related to Tax Reform (usd per share)                   $ 0.30    
Provisional net tax benefits associated with Tax Reform                   $ 393 0 0
Impairment of oil and gas properties             200 300 3,800 $ 0 $ 4,317 $ 13,144
Impairment of oil and gas properties (usd per share)                     $ 3.28  
Oil and Gas Idle rig costs, inventory adjustments, asset impairments and other           142 50 729 $ 201   $ 1,100  
Oil and Gas Idle Rig Costs, Inventory Adjustments, Asset Impairments and Other, Amount per Share                     $ 0.84  
Net gains on sales of assets (usd per share)                   $ 0.06 $ 0.49  
TF Holdings Limited | Disposed of by Sale, Discontinued Operations                        
Schedule of Quarterly Financial Information [Line Items]                        
Gain (loss) on disposal of discontinued operations           16 (5) (177)     $ 198  
Earnings per share related to disposal of discontinued operations (usd per share)                     $ 0.15  
Freeport-McMoRan Oil & Gas | Deepwater Gulf of Mexico and onshore California oil and gas properties                        
Schedule of Quarterly Financial Information [Line Items]                        
Gain on redemption of preferred stock $ 199         199            
Gain (Loss) on Disposition of Stock in Subsidiary or Equity Method Investee, Amount Per Share                     $ 0.15  
Cerro Verde Royalty Dispute | Royalty Assessments | Cerro Verde                        
Schedule of Quarterly Financial Information [Line Items]                        
Continuing operations (in dollars per share)                   $ 0    
Production and delivery                   $ 203    
Interest expense, net                   (145)    
Provision for (benefit from) income taxes                   7    
Net income from continuing operations attributable to noncontrolling interests                   $ 169    
One-time Termination Benefits | Grasberg Segment [Member]                        
Schedule of Quarterly Financial Information [Line Items]                        
Continuing operations (in dollars per share)                   $ 0.04    
Production and delivery                   $ 120    
Net income from continuing operations attributable to noncontrolling interests                   66    
Operating income (loss)                   $ (125)    
One-time Termination Benefits | Grasberg Segment [Member] | Operating Income (Loss)                        
Schedule of Quarterly Financial Information [Line Items]                        
Production and delivery   $ (8) $ (9) $ (87) $ (21)              
Alternative minimum tax credits, changes to valuation allowances and net loss carryback [Member]                        
Schedule of Quarterly Financial Information [Line Items]                        
Continuing operations (in dollars per share)                   $ 0.28    
Net tax credits to net income attributable to common stockholders           $ 84 $ 332 $ (42)   $ 374    
Site Remediation, Reclamation and Closure Costs                        
Schedule of Quarterly Financial Information [Line Items]                        
Continuing operations (in dollars per share)                   $ 0.14    
Judicial Ruling | Cerro Verde Royalty Dispute | Unfavorable Regulatory Actions                        
Schedule of Quarterly Financial Information [Line Items]                        
Loss Contingency, Loss In Period, Attributable To Parent                   $ 186