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ACQUISITIONS (Details) (USD $)
3 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
8% Convertible Perpetual Preferred Stock [Member]
Dec. 31, 2013
5.75% Convertible Perpetual Preferred Stock, Series 1 [Member]
May 31, 2013
Plains Exploration & Production Company [Member]
Dec. 31, 2013
Plains Exploration & Production Company [Member]
Jun. 30, 2013
McMoRan Exploration Co [Member]
May 31, 2013
McMoRan Exploration Co [Member]
Jun. 30, 2014
McMoRan Exploration Co [Member]
Jun. 30, 2013
McMoRan Exploration Co [Member]
Dec. 31, 2013
McMoRan Exploration Co [Member]
Dec. 31, 2012
McMoRan Exploration Co [Member]
Jun. 03, 2013
McMoRan Exploration Co [Member]
Jun. 03, 2013
McMoRan Exploration Co [Member]
Common Stock [Member]
Jun. 03, 2013
McMoRan Exploration Co [Member]
5.75% Convertible Perpetual Preferred Stock, Series 2 [Member]
Mar. 31, 2013
Kokkola Cobalt Chemicals Refinery [Member]
Dec. 31, 2013
Kokkola Cobalt Chemicals Refinery [Member]
Mar. 29, 2013
Kokkola Cobalt Chemicals Refinery [Member]
Dec. 31, 2013
Intersubsegment Eliminations [Member]
Dec. 31, 2013
Bank Term Loan [Member]
Feb. 14, 2013
Bank Term Loan [Member]
Feb. 28, 2012
Senior Notes [Member]
Mar. 31, 2013
Senior Notes [Member]
Mar. 07, 2013
Senior Notes [Member]
Dec. 31, 2013
Oil and Gas Operations Segment [Member]
Dec. 31, 2012
Oil and Gas Operations Segment [Member]
Dec. 31, 2011
Oil and Gas Operations Segment [Member]
Mar. 29, 2013
Lundin Mining Corporation [Member]
Kokkola Cobalt Chemicals Refinery [Member]
Mar. 29, 2013
La Generale des Carrieres et des Mines [Member]
Kokkola Cobalt Chemicals Refinery [Member]
Business Acquisition [Line Items]                                                                            
Dividends Payable, Date to be Paid       Feb. 03, 2014                   May 31, 2013                                                
Business Acquisition, Effective Date of Acquisition                           May 31, 2013 May 31, 2013         Jun. 03, 2013         Mar. 29, 2013                          
Debt Instrument, Face Amount                                                         $ 4,000,000,000 $ 4,000,000,000     $ 6,500,000,000          
Proceeds from Issuance of Long-term Debt                                                             2,970,000,000 6,400,000,000            
Term of Debt Agreement                                                         5 years                  
Business Acquisition, Agreed-Upon Equity Interest Issued or Issuable, Number of Shares Per Share of Target Company                           0.6531                                                
Business Acquisitions, Agreed-Upon Cost of Entity Acquired, Cash Paid Per Share                           $ 25.00               $ 14.75                                
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares                           91,161,000                                                
Payments to Acquire Businesses, Gross                           3,800,000,000   1,720,000,000                 34,000,000                          
Payments of Dividends                 2,537,000,000         411,000,000                                                
Common Stock, Dividends, Per Share, Declared                 $ 2.25 $ 1.25 $ 1.50     $ 3                                                
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net 8,919,000,000               8,919,000,000         6,639,000,000 6,639,000,000         3,128,000,000   3,128,000,000           (848,000,000)                    
Common Stock, Shares, Outstanding                           132,280,000                 112,362,000.000 [1]                              
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Excluding Shares Related to Employee Stock-based Awards                           86,392,000                                                
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Related to Employee Stock-based Awards                           4,769,000                                                
Share Price                           $ 31.05     $ 16.63         $ 16.75                                
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable                           2,831,000,000                                                
Payment to Acquire Businesses, Excluding Payments for Employee Stock-based Awards                           3,725,000,000 [2]   1,657,000,000                                            
Other Payments to Acquire Businesses                           83,000,000   63,000,000                                            
Payment to Acquire Businesses, Per Share Consideration, Total                           3,300,000,000                                                
Payment to Acquire Businesses, Consideration for Equity Awards                           7,000,000                                                
Buinsess Acquisition, Agreed-Upon Royalty Trust Units Issued or Issuable, Per Share of Target Company                               1.15                                            
Royalty Interest in Future Production                                           5.00%                                
Business Acquisition, Date of Acquisition Agreement                                         Dec. 05, 2012                                  
Investment Owned, Balance, Shares                                 51,000,000                                          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities 0 [3]               0 [3]           848,000,000 [3]   848,000,000     0 [3]     854,000,000 554,000,000       (848,000,000) [3]                    
Number Of Shares Of Investee Preferred Stock Purchased                                 500,000                                          
Preferred Stock, Dividend Rate, Percentage                       8.00% 5.75%       5.75%                                          
Payments for Repurchase of Preferred Stock and Preference Stock                 228,000,000 0 0                                                      
Royalty Trust Units Issued, Conversion of Debt or Equity Instrument                 17,700,000                                                          
Cost-method investment                                 432,000,000                                          
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value                               1,400,000,000                                            
Gain on investment in McMoRan Exploration Co. (MMR)                 128,000,000 0 0             128,000,000 128,000,000 128,000,000                                    
Revenues                 20,921,000,000 [4] 18,010,000,000 [4] 20,880,000,000 [4]                                             2,616,000,000 [5] 0 0    
Operating income 1,650,000,000 [6],[7] 1,707,000,000 [6] 639,000,000 [6] 1,355,000,000 [6] 1,358,000,000 [8],[9] 1,411,000,000 1,311,000,000 1,734,000,000 5,351,000,000 [6],[7] 5,814,000,000 [8],[9] 9,140,000,000                                             450,000,000 0 0    
Business Combination, Acquisition Related Costs 4,000,000 1,000,000 61,000,000 14,000,000 9,000,000       80,000,000 9,000,000                                               74,000,000        
Income Tax Expense (Benefit), Changes in Deferred Tax Liabilities and Deferred Tax Asset Valuation Allowances 16,000,000   183,000,000           199,000,000                                                          
Deferred Finance Costs, Noncurrent, Net 107,000,000       26,000,000       107,000,000 26,000,000         96,000,000                                              
Gain (Loss) on Disposition of Oil and Gas Property                 77,000,000                                                          
Company's direct ownership percentage                                                     56.00%                      
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners                                                                         24.00% 20.00%
Business Combination, Consideration Transferred                                                 382,000,000                          
Business Acquisition, Cash Consideration Funding Percentage                                                     70.00%                   30.00%  
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High                                                     $ 110,000,000                      
Buisness Combination, Term of Contingent Consideration                                                   3 years                        
[1] Excluded 51 million shares of MMR common stock owned by FCX through its acquisition of PXP on May 31, 2013.
[2] Cash consideration included the payment of $25.00 in cash for each PXP share ($3.3 billion), cash paid in lieu of any fractional shares of FCX common stock, cash paid for certain equity awards ($7 million), and the value of the $3 per share PXP special cash dividend ($411 million) paid on May 31, 2013.
[3] PXP owned 51 million shares of MMR common stock, which was eliminated in FCX's consolidated balance sheet at the acquisition date of MMR.
[4] Revenues are attributed to countries based on the location of the customer.
[5] Included net charges of $312 million for unrealized and noncash realized losses on crude oil and natural gas derivative contracts that were assumed in connection with FCX's acquisition of PXP.
[6] Included charges of $14 million ($10 million to net income attributable to FCX common stockholders or $0.01 per share) in the first quarter, $61 million ($36 million to net income attributable to FCX common stockholders or $0.04 per share) in the second quarter, $1 million ($1 million to net income attributable to FCX common stockholders) in the third quarter, $4 million ($3 million to net income attributable to FCX common stockholders) in the fourth quarter and $80 million ($50 million to net income attributable to FCX common stockholders or $0.05 per share) for the year for transaction and related costs principally associated with the acquisitions of PXP and MMR.
[7] Included charges in the fourth quarter and for the year of (i) $76 million ($49 million to net income attributable to FCX common stockholders or $0.05 per share) associated with updated mine plans at Morenci that resulted in a loss in recoverable copper in leach stockpiles, (ii) $37 million ($23 million to net income attributable to FCX common stockholders or $0.02 per share) associated with the restructuring of an executive employment arrangement and (iii) $36 million ($13 million to net income attributable to FCX common stockholders or $0.01 per share) associated with a new labor agreement at Cerro Verde.
[8] Included a gain of $59 million ($31 million to net income attributable to FCX common stockholders or $0.03 per share) in the fourth quarter and for the year for the settlement of the insurance claim for business interruption and property damage relating to the 2011 incidents affecting PT-FI's concentrate pipelines. Refer to Note 12 for further discussion.
[9] Included a charge of $16 million ($8 million to net income attributable to FCX common stockholders or $0.01 per share) in the fourth quarter and for the year associated with a labor agreement at Candelaria. Also included charges of $9 million ($7 million to net income attributable to FCX common stockholders or $0.01 per share) for costs associated with the PXP and MMR transactions.