Debt and Equity (Tables)

6 Months Ended

Jun. 30, 2021

Debt Disclosure [Abstract]

Schedule of Debt

The components of debt follow (in millions):

	June 30, 2021			December 31, 2020
Senior notes and debentures:
Issued by FCX	$	8,787		$	8,783
Issued by Freeport Minerals Corporation (FMC)	356			356
Cerro Verde Term Loan	524			523
Other	28			49
Total debt	9,695			9,711
Less current portion of debt	(1,057)		a	(34)
Long-term debt	$	8,638		$	9,677

a.Includes $0.5 billion for the 3.55% Senior Notes due March 2022 and $0.5 billion for the Cerro Verde Term Loan due June 2022.