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FINANCIAL INSTRUMENTS (Unsettled Derivatives) (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Derivatives, Fair Value [Line Items]    
Paid to brokers associated with margin requirements $ 1 $ 7
Derivative Asset 59 33
Derivative Liability 320 20
Trade accounts receivable [Member]
   
Derivatives, Fair Value [Line Items]    
Derivative Asset 53 24
Derivative Liability 0 9
Other current assets [Member]
   
Derivatives, Fair Value [Line Items]    
Derivative Asset 6 5
Derivative Liability 0 0
Accounts payable and accrued liabilities [Member]
   
Derivatives, Fair Value [Line Items]    
Derivative Asset 0 4
Derivative Liability 205 11
Other Liabilities [Member]
   
Derivatives, Fair Value [Line Items]    
Derivative Asset 0 0
Derivative Liability 115 0
Commodity Contract [Member] | Designated as Hedging Instrument [Member] | Copper Futures and Swap Contracts [Member] | Other current assets [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 6 [1] 5 [1]
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 69 41
Liability position 330 28
Derivative Asset, Fair Value, Gross Liability 10 8
Derivative Liability, Fair Value, Gross Asset 10 8
Derivative Asset 59 33
Derivative Liability 320 20
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Natural Gas Swaps [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position 4 0
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Copper Futures and Swap Contracts [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position 0 [1] 1 [1]
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Embedded derivatives in provisional sales purchases contracts [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 63 36
Liability position 16 27
Derivative Asset, Fair Value, Gross Liability 10 8
Derivative Liability, Fair Value, Gross Asset 10 8
Derivative Asset 53 28
Derivative Liability 6 19
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Crude Oil Options [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position 309 [2] 0 [2]
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Copper Forward Contracts [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position 1 0
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Crude Oil and Natural Gas Derivatives [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 0 0
Liability position 313 0
Derivative Asset, Fair Value, Gross Liability 0 0
Derivative Liability, Fair Value, Gross Asset 0 0
Derivative Asset 0 0
Derivative Liability 313 0
Commodity Contract [Member] | Derivatives Not Designated as Hedging Instruments [Member] | Copper Derivatives [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 6 5
Liability position 1 1
Derivative Asset, Fair Value, Gross Liability 0 0
Derivative Liability, Fair Value, Gross Asset 0 0
Derivative Asset 6 5
Derivative Liability $ 1 $ 1
[1] FCX had paid $1 million to brokers at December 31, 2013, and $7 million at December 31, 2012, for margin requirements (recorded in other current assets).
[2] Included $444 million for deferred premiums and accrued interest at December 31, 2013.