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Debt and Equity - Additional Information (Details)
$ / shares in Units, shares in Millions, $ in Millions
1 Months Ended 3 Months Ended 6 Months Ended 19 Months Ended 24 Months Ended
Jun. 21, 2023
$ / shares
Aug. 03, 2023
USD ($)
Mar. 31, 2023
USD ($)
Apr. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
$ / shares
Jun. 30, 2022
USD ($)
$ / shares
Jun. 30, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
shares
Jun. 30, 2022
USD ($)
$ / shares
Aug. 03, 2023
USD ($)
Jun. 30, 2023
USD ($)
$ / shares
shares
Oct. 31, 2022
USD ($)
May 31, 2022
USD ($)
Dec. 31, 2019
case
Debt Instrument [Line Items]                            
Long-term debt         $ 9,495   $ 9,495 $ 10,620     $ 9,495      
Repayments of debt             1,806   $ 2,993          
Interest costs         234 $ 189 441   $ 342          
Treasury stock purchases (in shares) | shares               0.0     47.8      
Shares repurchased                     $ 1,800      
Cost per share repurchased (in dollars per share) | $ / shares                     $ 38.35      
Remaining authorized shares repurchase amount         $ 3,200   $ 3,200       $ 3,200      
Dividends declared per share of common stock (in dollars per share) | $ / shares $ 0.15       $ 0.15 $ 0.15 $ 0.30   $ 0.30          
Base cash dividend (in dollars per share) | $ / shares 0.075                          
Variable cash dividend (in dollars per share) | $ / shares $ 0.075                          
Tax Matters In Peru, Contingent Liability         $ 50   $ 74              
FCX affiliates | Louisiana Parishes Coastal Erosion Cases                            
Debt Instrument [Line Items]                            
Loss Contingency, Pending Claims, Number | case                           42
FCX affiliates | Louisiana Parishes Coastal Erosion Cases | Settled litigation                            
Debt Instrument [Line Items]                            
Loss Contingency, Pending Claims, Number | case                           13
Unsecured Credit Facility | PT-FI                            
Debt Instrument [Line Items]                            
Increase in line of credit       $ 1,300                    
Unsecured Credit Facility | Cerro Verde                            
Debt Instrument [Line Items]                            
Letter of credit         0   0       0      
Line of credit facility, maximum borrowing capacity                         $ 350  
Revolving Credit Facility | PT-FI                            
Debt Instrument [Line Items]                            
Letter of credit         0   0       0      
Property, Plant and Equipment                            
Debt Instrument [Line Items]                            
Interest costs capitalized         62 $ 33 119   $ 59          
Line of Credit | Letter of Credit                            
Debt Instrument [Line Items]                            
Letter of credit         8   8       8      
Revolving credit facility, availability                       $ 1,500    
Line of Credit | Revolving Credit Facility | October 2022 Unsecured Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Line of credit facility, maximum borrowing capacity                       3,000    
Line of Credit | Revolving Credit Facility | PT-FI | October 2022 Unsecured Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Line of credit facility, maximum borrowing capacity                       $ 500    
Senior Notes                            
Debt Instrument [Line Items]                            
Repurchased senior notes         131   131              
Senior Notes | Subsequent event                            
Debt Instrument [Line Items]                            
Cumulative repurchased principal amount                   $ 1,300        
Cumulative repurchase cost                   $ 1,200        
Repurchased senior notes   $ 103                        
Senior Notes | PT-FI                            
Debt Instrument [Line Items]                            
Long-term debt         $ 2,979   $ 2,979 $ 2,978     $ 2,979      
Repayments of debt     $ 996                      
Stated interest rate     3.875%