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EMPLOYEE BENEFITS (Schedule of Disclosures) (Details)
In Millions, unless otherwise specified
12 Months Ended 12 Months Ended
Dec. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Dec. 31, 2009
USD ($)
Dec. 31, 2011
Pension plan [Member]
USD ($)
Dec. 31, 2010
Pension plan [Member]
USD ($)
Dec. 31, 2011
Pension plan [Member]
Postretirement Medical And Life Insurance [Member]
USD ($)
Dec. 31, 2010
Pension plan [Member]
Postretirement Medical And Life Insurance [Member]
USD ($)
Dec. 31, 2009
Pension plan [Member]
Postretirement Medical And Life Insurance [Member]
USD ($)
Dec. 31, 2011
Pension plan [Member]
Investment In Subsidiary Pt Freeport Indonesia [Member]
USD ($)
Dec. 31, 2010
Pension plan [Member]
Investment In Subsidiary Pt Freeport Indonesia [Member]
USD ($)
Dec. 31, 2009
Pension plan [Member]
Investment In Subsidiary Pt Freeport Indonesia [Member]
USD ($)
Dec. 31, 2011
Pension plan [Member]
Investment In Subsidiary Pt Freeport Indonesia [Member]
IDR
Dec. 31, 2010
Pension plan [Member]
Investment In Subsidiary Pt Freeport Indonesia [Member]
IDR
Dec. 31, 2011
Pension plan [Member]
Atlantic Copper [Member]
USD ($)
Dec. 31, 2010
Pension plan [Member]
Atlantic Copper [Member]
USD ($)
Dec. 31, 2009
Pension plan [Member]
Atlantic Copper [Member]
USD ($)
Dec. 31, 2011
Pension plan [Member]
FCX [Member]
USD ($)
Dec. 31, 2010
Pension plan [Member]
FCX [Member]
USD ($)
Dec. 31, 2009
Pension plan [Member]
FCX [Member]
USD ($)
Dec. 31, 2011
Pension plan [Member]
FCX [Member]
FCX SERP Plan [Member]
Dec. 31, 2010
Pension plan [Member]
FCX [Member]
FCX SERP Plan [Member]
Dec. 31, 2009
Pension plan [Member]
FCX [Member]
FCX SERP Plan [Member]
Dec. 31, 2011
Pension plan [Member]
FCX [Member]
FMC Plans [Member]
Dec. 31, 2010
Pension plan [Member]
FCX [Member]
FMC Plans [Member]
Dec. 31, 2009
Pension plan [Member]
FCX [Member]
FMC Plans [Member]
Dec. 31, 2011
Pension plan [Member]
Postretirement Medical Insurance [Member]
USD ($)
Dec. 31, 2010
Pension plan [Member]
Postretirement Medical Insurance [Member]
Dec. 31, 2011
Other Benefits [Member]
USD ($)
Dec. 31, 2010
Other Benefits [Member]
USD ($)
Dec. 31, 2011
Minimum [Member]
Pension plan [Member]
Investment In Subsidiary Pt Freeport Indonesia [Member]
Dec. 31, 2011
Maximum [Member]
Pension plan [Member]
Investment In Subsidiary Pt Freeport Indonesia [Member]
Schedule of disclosures of defined benefit plans [Line Items]                                                              
Exchange Rate Of Rupiah To Dollars                       9,060 8,990                                    
Defined benefit plan, expected return on plan assets (in hundredths) 7.50%               8.50%                                            
Change in benefit obligation [Roll Forward]                                                              
Benefit obligation at beginning of year           $ 240 $ 265   $ 135 $ 80       $ 71 $ 79   $ 1,598 $ 1,472                          
Service cost           1 1 1 13 8 5     0 0   24 26 26                        
Interest cost           11 13 15 11 8 7     3 3 4 83 82 85                        
Actuarial losses (gains)           (7) (13)   55 41       0 0   172 104                          
Foreign exchange losses (gains)                 (1) 4       (1) (4)   (1) (1)                          
Benefits paid           (37) (41)   (7) (6)       (8) (7)   (85) (85)                          
Defined Benefit Plan Benefits Paid Net Of Employee And Partner Contributions and Medicare Part D Subsidy           (22) (26)                                                
Curtailments and special retirement benefits           0 0 (1)                 0 0 (4)                        
Benefits obligation at end of year           223 240 265 206 135 80     65 71 79 1,791 1,598 1,472                        
Change in plan assets [Roll Forward]                                                              
Fair value of plan assets at beginning of year           0 0   97 78       23 21   1,112 1,067                          
Actual return on plan assets                 9 13       0 0   88 126                          
Employer contributions           25 30   9 [1] 8 [1]       11 [1] 9 [1]   26 [1] 5 [1]                          
Employee contributions           12 11                                                
Foreign exchange gains (losses)                 (1) 4       0 0   0 (1)                          
Benefits paid           (37) (41)   (7) (6)       (8) (7)   (85) (85)                          
Fair value of plan assets at end of year           0 0 0 107 97 78     26 23 21 1,141 1,112 1,067                        
Funded status at end of year           (223) (240)   (99) (38)       (39) (48)   (650) (486)                          
Accumulated benefit obligation                 115 68       65 71   1,701 1,517                          
Weighted-average assumptions used to determine benefit obligations [Abstract]                                                              
Discount rate (in hundredths)           4.20% 4.90%   7.00% [2] 8.50% [2]       6.77% [2] 6.77% [2]   4.60% [2] 5.40% [2]                          
Rate of compensation increase (in hundredths)                 8.00% [3] 8.00% [3]             3.75% [3] 3.75% [3]                       10.00% 13.00%
Balance sheet classification of funded status: [Abstract]                                                              
Other assets                 0 0       0 0   6 6                          
Accounts payable and accrued liabilities           (23) (26)   0 0       0 0   (4) (4)                   (7) (8)    
Other liabilities           (200) (214)   (99) (38)       (39) (48)   (652) (488)                   (57) (53)    
Total           (223) (240)   (99) (38)       (39) (48)   (650) (486)                          
Estimated future employer contributions in next fiscal year                 14         9     97                            
Number of years Mercer Pension Discount Curve consists of spot interest rates at half-year increments                                             30 years                
Years of service required for annuity to equal percentage of executive's highest average compensation for any consecutive three-year period during the preceeding five years before retirement                                       25 years                      
Weighted-average assumptions used to determine benefit obligations [Abstract]                                                              
Discount rate (in hundredths)           4.90% 5.20% 6.30% 8.50% 10.50% 12.00%     6.77% 6.77% 6.77%       4.00% 4.00% 4.00% 5.40% 5.80% 6.10%            
Expected return on plan assets (in hundredths)                 9.25% 8.25% 10.00%                       8.00% [4] 8.50% [4] 8.50% [4]            
Rate of compensation increase (in hundredths)                 8.00% 8.00% 8.00%                       3.75% [4] 4.25% [4] 4.25% [4]            
Components of net periodic benefit (income) cost and other amounts recognized in other comprehensive income [Abstract]                                                              
Service cost           1 1 1 13 8 5     0 0   24 26 26                        
Interest cost           11 13 15 11 8 7     3 3 4 83 82 85                        
Benefits paid           (37) (41)   (7) (6)       (8) (7)   (85) (85)                          
Expected return on plan assets                 (9) (7) (5)           (86) (87) (73)                        
Amortization of prior service cost                 1 1 1           (1) (1) 0                        
Amortization of net actuarial losses                 3 0 1     1 1 1 19 22 26                        
Curtailments and special retirement benefits           0 0 (1)                 0 0 (4)                        
Net periodic benefit cost           12 14 15 19 10 9     4 4 5 39 42 60                        
Amounts recognized in other comprehensive loss (income) [Abstract]                                                              
Prior service (credit) cost       2 2                                                    
Prior service (credit) cost, net of tax       1 1                                                    
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Net Unamortized Gain (Loss) Arising During Period, before Tax       642 440 4 3                                                
Actuarial net loss (gain), net of tax (157) (69) 9 390 267 3 2                                                
Estimated prior service (credit) cost in next fiscal year       1                                                      
Estimated actuarial net loss (gain) in next fiscal year       40                                                      
Estimated actuarial net loss (gain) in next fiscal year, net of tax       25                                                      
Assumed health care cost trend rates abstract                                                              
Health care cost trend rates for the next fiscal year (in hundreds)                                                   8.00% 8.25%        
Ultimate health care cost trend rate (in hundreds)                                                   4.50% 4.75%        
Year that rate reaches ultimate trend rate                                                   2026 2025        
Effect of a one-percentage point change in assumed health care cost trend rates [Abstract]                                                              
Effect of a one-percentage point increase on service and interest cost components                                                   1          
Effect of a one-percentage point decrease on service and interest cost components                                                   1          
Effect of a one-percentage point increase on post-retirement benefit obligation                                                   8          
Effect of a one-percentage point decrease on post-retirement benefit obligation                                                   7          
Expected cash flows for benefit plans [Abstract]                                                              
2012           23     16 [5]         7 [6]     88                            
2013           21     11 [5]         7 [6]     88                            
2014           20     11 [5]         7 [6]     90                            
2015           19     13 [5]         7 [6]     91                            
2016           18     14 [5]         7 [6]     94                            
2017-2021           $ 82     $ 123 [5]         $ 36 [6]     $ 515                            
[1] Employer contributions for 2012 are expected to approximate $97 million for the FCX plans, $14 million for the PT Freeport Indonesia plan (based on a December 31, 2011, exchange rate of 9,060 Indonesian rupiah to one U.S. dollar) and $9 million for the Atlantic Copper plan (based on a December 31, 2011, exchange rate of $1.29 per euro).
[2] The discount rate shown in 2011 and 2010 for the FCX plans relates to all plans except the SERP plan. The SERP plan’s discount rate in 2011 and 2010 was 4.00 percent.
[3] The rate of compensation increase shown for the FCX plans only relates to the FMC plans. The rate of compensation increase shown for the PT Freeport Indonesia plan relates to the years after 2012. For the PT Freeport Indonesia plan, the rate of compensation increase for 2012 ranges from 10 percent to 13 percent.
[4] The assumptions shown only relate to the FMC plans.
[5] Based on a December 31, 2011, exchange rate of 9,060 Indonesian rupiah to one U.S. dollar.
[6] Based on a December 31, 2011, exchange rate of $1.29 per euro.