XML 53 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Inventories, Including Long-Term Mill and Leach Stockpiles (Unaudited) (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Components of Inventories [Line Items]    
Total product inventories $ 1,254 $ 1,226
Total materials and supplies, net 1,450 [1] 1,354 [1]
Total inventories, less current portion of mill and leach stockpiles 2,704 2,580
Inventory obsolescence reserves 27 26
Mining Operations [Member]
   
Components of Inventories [Line Items]    
Raw materials 1 [2] 1 [2]
Finished goods 805 [2],[3] 769 [2],[3]
Atlantic Copper [Member]
   
Components of Inventories [Line Items]    
Raw materials 218 260
Work-in-process 212 187
Finished goods $ 18 $ 9
[1] Materials and supplies inventory is net of obsolescence reserves totaling $27 million at March 31, 2012, and $26 million at December 31, 2011.
[2] FCX's mining operations also have work-in-process inventories (i.e., mill and leach stockpiles), which have been summarized below.
[3] Primarily includes molybdenum concentrates, and copper concentrates, anodes, cathodes and rod.