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COMMITMENTS AND GUARANTEES (Mining Contracts) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Contractual obligations mining contracts [line items]      
Number of Extention Periods Available Under Mining Contract 2    
PT Freeport Indonesia [Member]
     
Contractual obligations mining contracts [line items]      
Period For Option To Extend Mining Contract 10 years    
Number Of Years Working With Foreign Government 40 years    
Gold And Silver Sales Royalty Rate (in hundredths) 1.00%    
Quantity of ore produced subject to additional royalties 200,000    
Royalty Expense $ 93 $ 137 $ 156
Tenke Fungurume [Member]
     
Contractual obligations mining contracts [line items]      
Royalty Expense 25 24 20
Royalty Rate Payable Under Amended And Restated Mining Convention (in hundredths) 2.00%    
Percentage of mining property owned by the company 56.00% 57.75%  
Conversion of intercompany loans $ 50    
Minimum [Member] | PT Freeport Indonesia [Member]
     
Contractual obligations mining contracts [line items]      
Copper Royalty Rate Payable (in hundredths) 1.50%    
Price Of Copper Per Pound 0.90    
Maximum [Member] | PT Freeport Indonesia [Member]
     
Contractual obligations mining contracts [line items]      
Copper Royalty Rate Payable (in hundredths) 3.50%    
Price Of Copper Per Pound 1.10