v3.25.2
Business Segments (Segment Reporting) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Jan. 01, 2023
Segment Reporting Information [Line Items]            
Revenues $ 7,582 $ 6,624 $ 13,310 $ 12,945    
Production and delivery 4,282 3,875 8,038 7,719    
Depreciation, depletion and amortization (DD&A) 668 509 1,134 1,104    
Selling, general and administrative expenses 127 123 281 267    
Exploration and research expenses 46 40 85 77    
Environmental obligations and shutdown costs 27 28 37 95    
Operating income 2,432 2,049 3,735 3,683    
Interest expense, net 82 88 152 177    
Other Nonoperating Income (Expense) 41 69 99 198    
Provision for (benefit from) income taxes 850 754 1,350 1,266    
Equity in affiliated companies’ net earnings 6 4 8 4    
Net income (loss) attributable to noncontrolling interests 775 664 1,216 1,353    
Net loss attributable to common stockholders 772 616 1,124 1,089    
Total assets 56,492 54,635 56,492 54,635 $ 54,848  
Capital expenditures 1,261 1,116 2,433 2,370    
PT Freeport Indonesia            
Segment Reporting Information [Line Items]            
Provision for (benefit from) income taxes       182    
PT Freeport Indonesia | FCX            
Segment Reporting Information [Line Items]            
Noncontrolling interest, ownership percentage by parent         81.00% 48.76%
PT Freeport Indonesia | PT Indonesia Asahan Aluminium (Persero) (Inalum) [Member]            
Segment Reporting Information [Line Items]            
Noncontrolling interest, ownership percentage by parent         19.00%  
Operating Segments | North America            
Segment Reporting Information [Line Items]            
Revenues 127 23 318 100    
Production and delivery 1,214 1,151 2,426 2,375    
Depreciation, depletion and amortization (DD&A) 118 106 242 218    
Selling, general and administrative expenses 1 1 2 2    
Exploration and research expenses 13 14 25 26    
Environmental obligations and shutdown costs 0 0 (7) 0    
Operating income 368 264 656 417    
Interest expense, net 1 1 1 1    
Other Nonoperating Income (Expense) 0 1 2 (1)    
Provision for (benefit from) income taxes 0 0 0 0    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 0 0 0 0    
Total assets 10,590 9,690 10,590 9,690    
Capital expenditures 273 243 528 480    
Operating Segments | South America            
Segment Reporting Information [Line Items]            
Revenues 1,019 1,329 2,148 2,363    
Production and delivery 768 860 1,556 1,633    
Depreciation, depletion and amortization (DD&A) 113 114 224 222    
Selling, general and administrative expenses 2 2 4 4    
Exploration and research expenses 4 5 8 9    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 374 530 845 779    
Interest expense, net 4 5 8 10    
Other Nonoperating Income (Expense) 22 5 53 29    
Provision for (benefit from) income taxes 151 214 344 317    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 109 164 252 254    
Total assets 10,476 10,356 10,476 10,356    
Capital expenditures 92 90 177 172    
Corporate And Eliminations            
Segment Reporting Information [Line Items]            
Revenues 510 496 978 896    
Production and delivery (1,436) (1,493) (2,736) (2,763)    
Depreciation, depletion and amortization (DD&A) 14 17 25 33    
Selling, general and administrative expenses 82 84 197 185    
Exploration and research expenses 27 17 48 36    
Environmental obligations and shutdown costs 27 28 44 95    
Operating income (223) (86) (499) (478)    
Interest expense, net 54 68 100 141    
Other Nonoperating Income (Expense) 20 31 34 94    
Provision for (benefit from) income taxes 20 49 29 62    
Equity in affiliated companies’ net earnings 0 1 (1) 3    
Net income (loss) attributable to noncontrolling interests 18 37 41 36    
Total assets 3,678 4,490 3,678 4,490    
Capital expenditures 58 51 107 89    
Oil And Gas Charges       105    
Corporate And Eliminations | Miami Smelter            
Segment Reporting Information [Line Items]            
Production and delivery     73      
Intersegment            
Segment Reporting Information [Line Items]            
Revenues 0 0 0 0    
Intersegment | North America            
Segment Reporting Information [Line Items]            
Revenues 1,587 1,513 3,026 2,938    
Intersegment | South America            
Segment Reporting Information [Line Items]            
Revenues 242 182 489 284    
Morenci | Operating Segments | North America            
Segment Reporting Information [Line Items]            
Revenues 63 13 146 50    
Production and delivery 435 438 854 897    
Depreciation, depletion and amortization (DD&A) 46 45 96 93    
Selling, general and administrative expenses 1 1 1 1    
Exploration and research expenses 8 5 14 9    
Environmental obligations and shutdown costs 0 0 (7) 0    
Operating income 132 111 241 177    
Interest expense, net 0 0 0 0    
Other Nonoperating Income (Expense) (1) 0 (2) 0    
Provision for (benefit from) income taxes 0 0 0 0    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 0 0 0 0    
Total assets 3,337 3,182 3,337 3,182    
Capital expenditures 70 47 129 91    
Morenci | Intersegment | North America            
Segment Reporting Information [Line Items]            
Revenues 559 587 1,053 1,127    
Other Individually Immaterial Operating Segments | Operating Segments | North America            
Segment Reporting Information [Line Items]            
Revenues 64 10 172 50    
Production and delivery 779 713 1,572 1,478    
Depreciation, depletion and amortization (DD&A) 72 61 146 125    
Selling, general and administrative expenses 0 0 1 1    
Exploration and research expenses 5 9 11 17    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 236 153 415 240    
Interest expense, net 1 1 1 1    
Other Nonoperating Income (Expense) 1 1 4 (1)    
Provision for (benefit from) income taxes 0 0 0 0    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 0 0 0 0    
Total assets 7,253 6,508 7,253 6,508    
Capital expenditures 203 196 399 389    
Other Individually Immaterial Operating Segments | Operating Segments | South America            
Segment Reporting Information [Line Items]            
Revenues 183 254 395 462    
Production and delivery 178 181 379 351    
Depreciation, depletion and amortization (DD&A) 19 17 39 33    
Selling, general and administrative expenses 1 0 1 0    
Exploration and research expenses 0 2 2 3    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 34 54 96 75    
Interest expense, net 0 0 0 0    
Other Nonoperating Income (Expense) 2 0 1 13    
Provision for (benefit from) income taxes 12 23 34 35    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 4 22 21 36    
Total assets 2,091 1,988 2,091 1,988    
Capital expenditures 14 23 25 45    
Other Individually Immaterial Operating Segments | Intersegment | North America            
Segment Reporting Information [Line Items]            
Revenues 1,028 926 1,973 1,811    
Other Individually Immaterial Operating Segments | Intersegment | South America            
Segment Reporting Information [Line Items]            
Revenues 49 0 122 0    
Cerro Verde | Operating Segments | South America            
Segment Reporting Information [Line Items]            
Revenues 836 1,075 1,753 1,901    
Production and delivery 590 679 1,177 1,282    
Depreciation, depletion and amortization (DD&A) 94 97 185 189    
Selling, general and administrative expenses 1 2 3 4    
Exploration and research expenses 4 3 6 6    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 340 476 749 704    
Interest expense, net 4 5 8 10    
Other Nonoperating Income (Expense) 20 5 52 16    
Provision for (benefit from) income taxes 139 191 310 282    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 105 142 231 218    
Total assets 8,385 8,368 8,385 8,368    
Capital expenditures 78 67 152 127    
Labor and Related Expense       65    
Cerro Verde | Intersegment | South America            
Segment Reporting Information [Line Items]            
Revenues 193 182 367 284    
Grasberg Segment | Operating Segments | Indonesia            
Segment Reporting Information [Line Items]            
Revenues 3,419 2,185 4,983 4,833    
Production and delivery 1,124 672 1,702 1,533    
Depreciation, depletion and amortization (DD&A) 389 248 575 583    
Selling, general and administrative expenses 35 30 62 61    
Exploration and research expenses 1 4 3 6    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 1,868 1,314 2,645 2,910    
Interest expense, net 16 6 25 7    
Other Nonoperating Income (Expense) 15 30 31 68    
Provision for (benefit from) income taxes 677 490 965 899    
Equity in affiliated companies’ net earnings 6 3 9 1    
Net income (loss) attributable to noncontrolling interests 648 463 923 1,063    
Total assets 27,781 26,501 27,781 26,501    
Capital expenditures 740 648 1,444 1,490    
Grasberg Segment | Intersegment | Indonesia            
Segment Reporting Information [Line Items]            
Revenues (2) 83 4 260    
Molybdenum            
Segment Reporting Information [Line Items]            
Capital expenditures     46 63    
Molybdenum | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues 0 0 0 0    
Production and delivery 128 134 250 253    
Depreciation, depletion and amortization (DD&A) 26 16 52 32    
Selling, general and administrative expenses 0 0 0 0    
Exploration and research expenses 1 0 1 0    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 25 (12) 54 (2)    
Interest expense, net 0 0 0 0    
Other Nonoperating Income (Expense) (1) 0 (1) 0    
Provision for (benefit from) income taxes 0 0 0 0    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 0 0 0 0    
Total assets 2,027 1,915 2,027 1,915    
Capital expenditures 27 36 46 63    
Molybdenum | Intersegment            
Segment Reporting Information [Line Items]            
Revenues 180 138 357 283    
Rod and Refining Segment | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues 1,692 1,693 3,316 3,182    
Production and delivery 1,693 1,692 3,315 3,179    
Depreciation, depletion and amortization (DD&A) 1 1 2 2    
Selling, general and administrative expenses 0 0 0 0    
Exploration and research expenses 0 0 0 0    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 7 11 16 22    
Interest expense, net 0 0 0 0    
Other Nonoperating Income (Expense) (1) 0 (1) 0    
Provision for (benefit from) income taxes 0 0 0 0    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 0 0 0 0    
Total assets 432 273 432 273    
Capital expenditures 26 11 43 16    
Rod and Refining Segment | Intersegment            
Segment Reporting Information [Line Items]            
Revenues 9 11 17 21    
Atlantic Copper Smelting and Refining Segment | Operating Segments            
Segment Reporting Information [Line Items]            
Revenues 815 898 1,567 1,571    
Production and delivery 791 859 1,525 1,509    
Depreciation, depletion and amortization (DD&A) 7 7 14 14    
Selling, general and administrative expenses 7 6 16 15    
Exploration and research expenses 0 0 0 0    
Environmental obligations and shutdown costs 0 0 0 0    
Operating income 13 28 18 35    
Interest expense, net 7 8 18 18    
Other Nonoperating Income (Expense) (14) 2 (19) 8    
Provision for (benefit from) income taxes 2 1 12 (12)    
Equity in affiliated companies’ net earnings 0 0 0 0    
Net income (loss) attributable to noncontrolling interests 0 0 0 0    
Total assets 1,508 1,410 1,508 1,410    
Capital expenditures 45 37 88 60    
Atlantic Copper Smelting and Refining Segment | Intersegment            
Segment Reporting Information [Line Items]            
Revenues 3 2 6 2    
Corporate And Eliminations | Intersegment            
Segment Reporting Information [Line Items]            
Revenues $ (2,019) $ (1,929) $ (3,899) $ (3,788)