XML 123 R85.htm IDEA: XBRL DOCUMENT v2.4.0.6
FINANCIAL INSTRUMENTS (Derivative) (Details)
Dec. 31, 2011
Derivatives designated as hedging instruments [Member]
FMC's copper futures and swap contracts [Member]
lb
Dec. 31, 2011
Derivatives not designated as hedging instruments [Member]
Embedded derivatives in provisional sales contracts - Copper [Member]
lb
Dec. 31, 2011
Derivatives not designated as hedging instruments [Member]
Embedded derivatives in provisional sales contracts - Gold [Member]
oz
Dec. 31, 2011
Derivatives not designated as hedging instruments [Member]
Embedded derivatives in provisional purchase contracts - Copper [Member]
lb
Dec. 31, 2011
Derivatives not designated as hedging instruments [Member]
Embedded derivatives in provisional purchase contracts - Molybdenum [Member]
lb
Dec. 31, 2011
Derivatives not designated as hedging instruments [Member]
Atlantic Copper Copper Forward Commodity Contracts [Member]
lb
Mar. 31, 2009
Derivatives not designated as hedging instruments [Member]
PT Freeport Indonesia's copper forward contracts [Member]
lb
Derivative [Line Items]              
Derivative held (in lbs except gold in oz) 73,000,000 388,000,000 52,000 376,000,000 33,000 18,000,000 355,000,000
Average contract price 3.58 3.55 1,676 3.56 11.80 3.35 1.86
Average market price   3.44 1,576 3.45 11.78    
Maturities April 2013 June 2012 February 2012 April 2012 January 2012 March 2012