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Fair Value Measurement (Unaudited) Other Financials (Details) (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Carrying Amount [Member]
  
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Cash and cash equivalents$ 5,128[1]$ 3,738[1]
McMoRan Exploration Co. investment482[2]500[2]
Net embedded derivatives included in accounts receivable or payable(402)[1]242[1]
Trust assets (current and long-term)153[1],[3]148[1],[3]
Available-for-sale securities (current and long-term)25[1],[3]34[1],[3]
Derivative assets0[1],[4]18[1],[4]
Derivatives liabilities (current and long-term)(55)[1],[5](10)[1],[5]
Long-term debt (including amounts due within one year)(3,535)[6](4,755)[6]
Fair Value [Member]
  
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]  
Cash and cash equivalents5,128[1]3,738[1]
McMoRan Exploration Co. investment445[2]623[2]
Net embedded derivatives included in accounts receivable or payable(402)[1]242[1]
Trust assets (current and long-term)153[1],[3]148[1],[3]
Available-for-sale securities (current and long-term)25[1],[3]34[1],[3]
Derivative assets0[1],[4]18[1],[4]
Derivatives liabilities (current and long-term)(55)[1],[5](10)[1],[5]
Long-term debt (including amounts due within one year)$ (3,830)[6]$ (5,146)[6]
[1]Recorded at fair value.
[2]Recorded at cost and included in other assets. At December 31, 2010, fair value was based on a bid evaluation, which was an estimated price at which a dealer would pay for a security. At September 30, 2011, these securities were not actively trading; as such, fair value was based on a convertible pricing model using McMoRan Exploration Co.'s publicly traded common stock as the principle variable.
[3]Current portion included in other current assets and long-term portion included in other assets.
[4]Included in other current assets.
[5]Current portion included in accounts payable and accrued liabilities and long-term portion included in other liabilities.
[6]Recorded at cost except for long-term debt acquired in the Phelps Dodge acquisition, which was recorded at fair value at the acquisition date. Fair value of substantially all of FCX’s long-term debt is estimated based on quoted market prices.