XML 137 R84.htm IDEA: XBRL DOCUMENT v2.4.0.8
COMMITMENTS AND GUARANTEES (Mining Contracts) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
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 $ 109 $ 93 $ 137
Product Exports Ban, Date Jan. 12, 2017    
Tenke Fungurume [Member]
     
Contractual obligations mining contracts [line items]      
Royalty Expense 29 25 24
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    
Progressive Export Duty on Copper Concentrates, Percent 25.00%    
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    
Progressive Export Duty on Copper Concentrates, Percent 60.00%