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Financial Instruments (Unaudited) Unsettled Derivatives (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Derivatives, Fair Value [Line Items]    
Paid to brokers associated with margin requirements   $ 31
Received from customers associated with margin requirements 1 3
Commodity Contract [Member] | Copper futures and swap contracts [Member] | Derivatives designated as hedging instruments [Member] | Other Current Assets [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 11 [1],[2] 3 [1],[2]
Commodity Contract [Member] | Copper futures and swap contracts [Member] | Derivatives designated as hedging instruments [Member] | Accounts payable and accrued liabilities [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position 1 [2],[3] 13 [2],[3]
Commodity Contract [Member] | Embedded derivatives in provisional sales/purchases contracts [Member] | Derivatives not designated as hedging instruments | Net accounts receivable [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 131 [4] 72 [4]
Commodity Contract [Member] | Embedded derivatives in provisional sales/purchases contracts [Member] | Derivatives not designated as hedging instruments | Net accounts payable [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position 74 [4] 82 [4]
Commodity Contract [Member] | Copper forward contracts [Member] | Derivatives not designated as hedging instruments | Other Current Assets [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 1 [1] 2 [1]
Commodity Contract [Member] | Copper forward contracts [Member] | Derivatives not designated as hedging instruments | Accounts payable and accrued liabilities [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position $ 1 [3] $ 0 [3]
[1] Amounts recorded in other current assets.
[2] FCX received $1 million from brokers associated with margin requirements (recorded in accounts payable and accrued liabilities) as of September 30, 2012, and FCX paid $31 million for margin requirements (recorded in other current assets) as of December 31, 2011. In addition, FCX held $3 million in margin funding from customers as of December 31, 2011, associated with margin requirements (recorded in accounts payable and accrued liabilities).
[3] Amounts recorded in accounts payable and accrued liabilities.
[4] Amounts recorded either as a net accounts receivable or a net accounts payable.