10-Q Filing

FREEPORT-MCMORAN INC CIK: 831259 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000831259-14-000042`
Period End Date	20140630
Filing Date	20140811
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	fcx-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 100 Cash Flow Statement 100 Stockholders Equity 21 Comprehensive Income 36

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.29B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.71B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.46B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.99B	USD	Point-in-time
Trade accounts receivable	`AccountsReceivableNetCurrent`	$1.84B	USD	Point-in-time
Trade accounts receivable	`AccountsReceivableNetCurrent`	$1.73B	USD	Point-in-time
Other accounts receivable	`NontradeReceivablesCurrent`	$834.00M	USD	Point-in-time
Other accounts receivable	`NontradeReceivablesCurrent`	$920.00M	USD	Point-in-time
Mill and leach stockpiles	`MillAndLeachStockpiles`	$1.71B	USD	Point-in-time
Mill and leach stockpiles	`MillAndLeachStockpiles`	$1.88B	USD	Point-in-time
Materials and supplies, net	`InventorySuppliesNetOfReserves`	$1.82B	USD	Point-in-time
Materials and supplies, net	`InventorySuppliesNetOfReserves`	$1.73B	USD	Point-in-time
Product	`Product`	$1.67B	USD	Point-in-time
Product	`Product`	$1.58B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$407.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$668.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.97B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$10.25B	USD	Point-in-time
Property, plant, equipment and mining development costs, net	`PropertyPlantAndEquipmentNet`	$25.41B	USD	Point-in-time
Property, plant, equipment and mining development costs, net	`PropertyPlantAndEquipmentNet`	$24.04B	USD	Point-in-time
Subject to amortization, less accumulated amortization	`OilandNaturalGasPropertiesFullCostMethodSubjecttoAmortization`	$12.47B	USD	Point-in-time
Subject to amortization, less accumulated amortization	`OilandNaturalGasPropertiesFullCostMethodSubjecttoAmortization`	$11.06B	USD	Point-in-time
Not subject to amortization	`OilandNaturalGasPropertiesFullCostMethodNotSubjecttoAmortization`	$10.89B	USD	Point-in-time
Not subject to amortization	`OilandNaturalGasPropertiesFullCostMethodNotSubjecttoAmortization`	$10.77B	USD	Point-in-time
Long-term mill and leach stockpiles	`LongTermMillAndLeachStockpiles`	$2.52B	USD	Point-in-time
Long-term mill and leach stockpiles	`LongTermMillAndLeachStockpiles`	$2.39B	USD	Point-in-time
Goodwill	`Goodwill`	$1.92B	USD	Point-in-time
Goodwill	`Goodwill`	$1.72B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.29B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.80B	USD	Point-in-time
Total assets	`Assets`	$64.01B	USD	Point-in-time
Total assets	`Assets`	$63.16B	USD	Point-in-time
Total assets	`Assets`	$63.47B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$3.95B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$3.71B	USD	Point-in-time
Current portion of debt	`DebtCurrent`	$312.00M	USD	Point-in-time
Current portion of debt	`DebtCurrent`	$2.78B	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$333.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$334.00M	USD	Point-in-time
Current portion of environmental and asset retirement obligations	`CurrentPortionOfReclamationAndEnvironmentalObligations`	$250.00M	USD	Point-in-time
Current portion of environmental and asset retirement obligations	`CurrentPortionOfReclamationAndEnvironmentalObligations`	$236.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$240.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$184.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.77B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.56B	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$17.51B	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$20.39B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$7.45B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$7.41B	USD	Point-in-time
Environmental and asset retirement obligations, less current portion	`ReclamationAndEnvironmentalObligationsLessCurrentPortion`	$3.26B	USD	Point-in-time
Environmental and asset retirement obligations, less current portion	`ReclamationAndEnvironmentalObligationsLessCurrentPortion`	$3.29B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.69B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$37.53B	USD	Point-in-time
Total liabilities	`Liabilities`	$37.60B	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$716.00M	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$745.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$117.00M	USD	Point-in-time
Common stock	`CommonStockValue`	$117.00M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$22.16B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$22.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.08B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.74B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-401.00M	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$3.68B	USD	Point-in-time
Common stock held in treasury	`TreasuryStockValue`	$3.69B	USD	Point-in-time
Total FCX stockholders equity	`StockholdersEquity`	$20.93B	USD	Point-in-time
Total FCX stockholders equity	`StockholdersEquity`	$21.33B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.30B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$4.33B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.67B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.23B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$64.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$63.47B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueNet`	$5.52B	USD	1 Quarter
Revenues	`SalesRevenueNet`	$4.29B	USD	1 Quarter
Revenues	`SalesRevenueNet`	$8.87B	USD	2 Qtrs
Revenues	`SalesRevenueNet`	$10.51B	USD	2 Qtrs
Production and delivery	`ProductionAndDelivery`	$5.57B	USD	2 Qtrs
Production and delivery	`ProductionAndDelivery`	$3.08B	USD	1 Quarter
Production and delivery	`ProductionAndDelivery`	$5.82B	USD	2 Qtrs
Production and delivery	`ProductionAndDelivery`	$2.85B	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$530.00M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$859.00M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$1.01B	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$1.98B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsSold`	$6.43B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsSold`	$7.80B	USD	2 Qtrs
Total cost of sales	`CostOfGoodsSold`	$3.38B	USD	1 Quarter
Total cost of sales	`CostOfGoodsSold`	$4.09B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$164.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$299.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$186.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$299.00M	USD	2 Qtrs
Mining exploration and research expenses	`ExplorationAndResearchExpenses`	$116.00M	USD	2 Qtrs
Mining exploration and research expenses	`ExplorationAndResearchExpenses`	$64.00M	USD	2 Qtrs
Mining exploration and research expenses	`ExplorationAndResearchExpenses`	$34.00M	USD	1 Quarter
Mining exploration and research expenses	`ExplorationAndResearchExpenses`	$64.00M	USD	1 Quarter
Environmental obligations and shutdown costs	`EnvironmentalObligationsAndShutdownCosts`	$82.00M	USD	2 Qtrs
Environmental obligations and shutdown costs	`EnvironmentalObligationsAndShutdownCosts`	$16.00M	USD	1 Quarter
Environmental obligations and shutdown costs	`EnvironmentalObligationsAndShutdownCosts`	$31.00M	USD	2 Qtrs
Environmental obligations and shutdown costs	`EnvironmentalObligationsAndShutdownCosts`	$76.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$6.88B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$4.37B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$8.24B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$3.65B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.15B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.26B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$639.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.99B	USD	2 Qtrs
Interest expense, net	`InterestExpenseIncludingAccretion`	$164.00M	USD	1 Quarter
Interest expense, net	`InterestExpenseIncludingAccretion`	$132.00M	USD	1 Quarter
Interest expense, net	`InterestExpenseIncludingAccretion`	$189.00M	USD	2 Qtrs
Interest expense, net	`InterestExpenseIncludingAccretion`	$325.00M	USD	2 Qtrs
Net gain (loss) on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net gain (loss) on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-45.00M	USD	2 Qtrs
Net gain (loss) on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$5.00M	USD	1 Quarter
Net gain (loss) on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$5.00M	USD	2 Qtrs
Gain on investment in MMR	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	-	USD	2 Qtrs
Gain on investment in MMR	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$128.00M	USD	2 Qtrs
Gain on investment in MMR	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	-	USD	1 Quarter
Gain on investment in MMR	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$128.00M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$13.00M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$25.00M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$10.00M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-8.00M	USD	1 Quarter
Income before income taxes and equity in affiliated companies' net earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.90B	USD	2 Qtrs
Income before income taxes and equity in affiliated companies' net earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$986.00M	USD	1 Quarter
Income before income taxes and equity in affiliated companies' net earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$648.00M	USD	1 Quarter
Income before income taxes and equity in affiliated companies' net earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.97B	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$468.00M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$328.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$685.00M	USD	2 Qtrs
Equity in affiliated companies net earnings	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Equity in affiliated companies net earnings	`IncomeLossFromEquityMethodInvestments`	$4.00M	USD	2 Qtrs
Equity in affiliated companies net earnings	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Equity in affiliated companies net earnings	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.29B	USD	2 Qtrs
Net income	`ProfitLoss`	$660.00M	USD	1 Quarter
Net income	`ProfitLoss`	$610.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.43B	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$274.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$125.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$168.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$301.00M	USD	2 Qtrs
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$10.00M	USD	1 Quarter
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$3.00M	USD	2 Qtrs
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$20.00M	USD	2 Qtrs
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$3.00M	USD	1 Quarter
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.13B	USD	2 Qtrs
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$482.00M	USD	1 Quarter
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$482.00M	USD	1 Quarter
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$992.00M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.17	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.49	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.95	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.95	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.49	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.17	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	980.00M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	965.00M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.04B	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.04B	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.04B	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	968.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	984.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.04B	shares	1 Quarter
Dividends declared per share of common stock	`CommonStockDividendsPerShareDeclared`	$1.31	USD	1 Quarter
Dividends declared per share of common stock	`CommonStockDividendsPerShareDeclared`	$0.31	USD	1 Quarter
Dividends declared per share of common stock	`CommonStockDividendsPerShareDeclared`	$1.62	USD	2 Qtrs
Dividends declared per share of common stock	`CommonStockDividendsPerShareDeclared`	$0.62	USD	2 Qtrs

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.29B	USD	2 Qtrs
Net income	`ProfitLoss`	$660.00M	USD	1 Quarter
Net income	`ProfitLoss`	$610.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.43B	USD	2 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$530.00M	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$859.00M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$1.01B	USD	1 Quarter
Depreciation, depletion and amortization	`CostOfGoodsSoldDepreciationDepletionAndAmortization`	$1.98B	USD	2 Qtrs
Net losses on crude oil and natural gas derivative contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-35.00M	USD	2 Qtrs
Net losses on crude oil and natural gas derivative contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-120.00M	USD	2 Qtrs
Gain on investment in McMoRan Exploration Co. (MMR)	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	-	USD	2 Qtrs
Gain on investment in McMoRan Exploration Co. (MMR)	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$128.00M	USD	2 Qtrs
Gain on investment in McMoRan Exploration Co. (MMR)	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	-	USD	1 Quarter
Gain on investment in McMoRan Exploration Co. (MMR)	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain`	$128.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$65.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$69.00M	USD	2 Qtrs
Pension plans contributions	`PensionContributions`	$28.00M	USD	2 Qtrs
Pension plans contributions	`PensionContributions`	$42.00M	USD	2 Qtrs
Net charges for environmental and asset retirement obligations, including accretion	`ChargesForReclamationAndEnvironmentalObligationsIncludingAccretion`	$73.00M	USD	2 Qtrs
Net charges for environmental and asset retirement obligations, including accretion	`ChargesForReclamationAndEnvironmentalObligationsIncludingAccretion`	$97.00M	USD	2 Qtrs
Payments for environmental and asset retirement obligations	`PaymentsOfReclamationAndEnvironmentalObligations`	$91.00M	USD	2 Qtrs
Payments for environmental and asset retirement obligations	`PaymentsOfReclamationAndEnvironmentalObligations`	$96.00M	USD	2 Qtrs
Net (gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net (gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-45.00M	USD	2 Qtrs
Net (gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$5.00M	USD	1 Quarter
Net (gain) loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$5.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$43.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$37.00M	USD	2 Qtrs
Increase in long-term mill and leach stockpiles	`IncreaseDecreaseInLongTermMillAndLeachStockpiles`	$131.00M	USD	2 Qtrs
Increase in long-term mill and leach stockpiles	`IncreaseDecreaseInLongTermMillAndLeachStockpiles`	$236.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-36.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$-3.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$243.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInReceivables`	$-350.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$230.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$160.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-58.00M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-35.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-186.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-371.00M	USD	2 Qtrs
Accrued income taxes and other tax payments	`IncreaseDecreaseInAccruedTaxesPayable`	$-153.00M	USD	2 Qtrs
Accrued income taxes and other tax payments	`IncreaseDecreaseInAccruedTaxesPayable`	$-72.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.86B	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.59B	USD	2 Qtrs
North America copper mines	`NorthAmericaCapitalExpenditures`	$627.00M	USD	2 Qtrs
North America copper mines	`NorthAmericaCapitalExpenditures`	$543.00M	USD	2 Qtrs
South America	`SouthAmericanCapitalExpenditures`	$839.00M	USD	2 Qtrs
South America	`SouthAmericanCapitalExpenditures`	$470.00M	USD	2 Qtrs
Indonesia	`IndonesiaCapitalExpenditures`	$511.00M	USD	2 Qtrs
Indonesia	`IndonesiaCapitalExpenditures`	$479.00M	USD	2 Qtrs
Africa	`AfricanCapitalExpenditures`	$60.00M	USD	2 Qtrs
Africa	`AfricanCapitalExpenditures`	$103.00M	USD	2 Qtrs
Molybdenum mines	`CapitalExpendituresMolybdenum`	$82.00M	USD	2 Qtrs
Molybdenum mines	`CapitalExpendituresMolybdenum`	$33.00M	USD	2 Qtrs
U.S. oil and gas operations	`NorthAmericaOilandGasCapitalExpenditures`	$190.00M	USD	2 Qtrs
U.S. oil and gas operations	`NorthAmericaOilandGasCapitalExpenditures`	$1.48B	USD	2 Qtrs
Other	`PaymentsToAcquireOtherProductiveAssets`	$40.00M	USD	2 Qtrs
Other	`PaymentsToAcquireOtherProductiveAssets`	$79.00M	USD	2 Qtrs
Acquistion of Deepwater Gulf of Mexico interests	`PaymentsToAcquireOilAndGasProperty`	$925.00M	USD	2 Qtrs
Acquistion of Deepwater Gulf of Mexico interests	`PaymentsToAcquireOilAndGasProperty`	-	USD	2 Qtrs
Acquisition of Plains Exploration & Production Company, net of cash acquired	`PaymentstoAcquireBusinessesNetofCashAcquired2`	-	USD	2 Qtrs
Acquisition of Plains Exploration & Production Company, net of cash acquired	`PaymentstoAcquireBusinessesNetofCashAcquired2`	$3.46B	USD	2 Qtrs
Acquisition of MMR, net of cash acquired	`PaymentstoAcquireBusinessesNetofCashAcquired1`	$1.63B	USD	2 Qtrs
Acquisition of MMR, net of cash acquired	`PaymentstoAcquireBusinessesNetofCashAcquired1`	-	USD	2 Qtrs
Acquisition of cobalt chemical business, net of cash acquired	`PaymentstoAcquireBusinessesNetofCashAcquired3`	$321.00M	USD	2 Qtrs
Acquisition of cobalt chemical business, net of cash acquired	`PaymentstoAcquireBusinessesNetofCashAcquired3`	-	USD	2 Qtrs
Net proceeds from sale of Eagle Ford shale assets	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$3.01B	USD	2 Qtrs
Net proceeds from sale of Eagle Ford shale assets	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	-	USD	2 Qtrs
Restricted cash and other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$264.00M	USD	2 Qtrs
Restricted cash and other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$363.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.84B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.66B	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfDebt`	$1.25B	USD	2 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfDebt`	$11.02B	USD	2 Qtrs
Repayments of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.61B	USD	2 Qtrs
Repayments of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$4.54B	USD	2 Qtrs
Redemption of MMR preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Redemption of MMR preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$202.00M	USD	2 Qtrs
Common stock	`PaymentsOfDividendsCommonStock`	$595.00M	USD	2 Qtrs
Common stock	`PaymentsOfDividendsCommonStock`	$653.00M	USD	2 Qtrs
Noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$250.00M	USD	2 Qtrs
Noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$90.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ContributionsFromNoncontrollingInterestsExcludingNoncashContributions`	$24.00M	USD	2 Qtrs
Contributions from noncontrolling interests	`ContributionsFromNoncontrollingInterestsExcludingNoncashContributions`	-	USD	2 Qtrs
Debt financing costs	`PaymentsOfFinancingCosts`	$34.00M	USD	2 Qtrs
Debt financing costs	`PaymentsOfFinancingCosts`	$111.00M	USD	2 Qtrs
Stock-based awards net proceeds (payments), including excess tax benefit	`NetProceedsPaymentsFromShareBasedAwards`	$3.00M	USD	2 Qtrs
Stock-based awards net proceeds (payments), including excess tax benefit	`NetProceedsPaymentsFromShareBasedAwards`	$-102.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.38B	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.27B	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-527.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-411.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.29B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.71B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.46B	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.99B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.29B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.71B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.46B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.99B	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.67B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.23B	USD	Point-in-time
Exercised and issued stock-based awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$8.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$52.00M	USD	2 Qtrs
Tender of shares for stock-based awards	`TenderOfSharesForStockBasedAwardsValue`	$-5.00M	USD	2 Qtrs
Dividends on common stock	`DividendsCommonStockCash`	$653.00M	USD	2 Qtrs
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$236.00M	USD	2 Qtrs
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.13B	USD	2 Qtrs
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$482.00M	USD	1 Quarter
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$482.00M	USD	1 Quarter
Net income attributable to FCX common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$992.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$274.00M	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$125.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$168.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$301.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$11.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.67B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$25.23B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.29B	USD	2 Qtrs
Net income	`ProfitLoss`	$660.00M	USD	1 Quarter
Net income	`ProfitLoss`	$610.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.43B	USD	2 Qtrs
Amortization of unrecognized amounts included in net periodic benefit costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$7.00M	USD	2 Qtrs
Amortization of unrecognized amounts included in net periodic benefit costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$5.00M	USD	1 Quarter
Amortization of unrecognized amounts included in net periodic benefit costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$4.00M	USD	1 Quarter
Amortization of unrecognized amounts included in net periodic benefit costs	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$12.00M	USD	2 Qtrs
Foreign exchange losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.00M	USD	2 Qtrs
Foreign exchange losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Foreign exchange losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Foreign exchange losses	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-3.00M	USD	1 Quarter
Translation adjustments and unrealized gains (losses) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Translation adjustments and unrealized gains (losses) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Translation adjustments and unrealized gains (losses) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Translation adjustments and unrealized gains (losses) on securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-1.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$11.00M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$5.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$615.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$661.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.45B	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	2 Qtrs
Total comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$168.00M	USD	1 Quarter
Total comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$301.00M	USD	2 Qtrs
Total comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$125.00M	USD	1 Quarter
Total comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$274.00M	USD	2 Qtrs
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$10.00M	USD	1 Quarter
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$3.00M	USD	2 Qtrs
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$20.00M	USD	2 Qtrs
Preferred dividends attributable to redeemable noncontrolling interest	`PreferredStockDividendsIncomeStatementImpact`	$3.00M	USD	1 Quarter
Total comprehensive income attributable to FCX common stockholders	`ComprehensiveIncomeNetOfTax`	$996.00M	USD	2 Qtrs
Total comprehensive income attributable to FCX common stockholders	`ComprehensiveIncomeNetOfTax`	$483.00M	USD	1 Quarter
Total comprehensive income attributable to FCX common stockholders	`ComprehensiveIncomeNetOfTax`	$487.00M	USD	1 Quarter
Total comprehensive income attributable to FCX common stockholders	`ComprehensiveIncomeNetOfTax`	$1.14B	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.