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FINANCIAL INSTRUMENTS (Oil and Gas) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Deferred Option Premiums and Accrued Interest [Member]
Dec. 31, 2013
Crude Oil Options [Member]
2014 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
75 MBbls [Member]
Put Option [Member]
MBbls
Dec. 31, 2013
Crude Oil Options [Member]
2014 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
30 MBbls [Member]
Put Option [Member]
MBbls
Dec. 31, 2013
Crude Oil Options [Member]
2014 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
5 MBbls [Member]
Put Option [Member]
MBbls
Dec. 31, 2013
Crude Oil Options [Member]
2015 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
84 MBbls [Member]
Put Option [Member]
MBbls
Dec. 31, 2013
Natural Gas Swaps [Member]
Derivatives Not Designated as Hedging Instruments [Member]
MMBTU
Dec. 31, 2013
Natural Gas Swaps [Member]
2014 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
MMBTU
Dec. 31, 2013
Weighted Average [Member]
Crude Oil Options [Member]
Dec. 31, 2013
Weighted Average [Member]
Crude Oil Options [Member]
2014 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
75 MBbls [Member]
Put Option [Member]
Dec. 31, 2013
Weighted Average [Member]
Crude Oil Options [Member]
2014 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
30 MBbls [Member]
Put Option [Member]
Dec. 31, 2013
Weighted Average [Member]
Crude Oil Options [Member]
2014 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
5 MBbls [Member]
Put Option [Member]
Dec. 31, 2013
Weighted Average [Member]
Crude Oil Options [Member]
2015 Positions [Member]
Derivatives Not Designated as Hedging Instruments [Member]
84 MBbls [Member]
Put Option [Member]
Derivative [Line Items]                            
Derivative Liability $ 320 $ 20 $ 444                      
Derivative, Nonmonetary Notional Amount       75 [1] 30 [1] 5 [1] 84 [1] 37,000,000 100,000          
Derivative, Average Floor Price       90 [1],[2] 95 [1],[2] 100 [1],[2] 90 [1],[2]              
Derivative, Average Floor Price Limit       70 [1],[2] 75 [1],[2] 80 [1],[2] 70 [1],[2]              
Deferred Premium Price                   6.33 5.74 [1] 6.09 [1] 7.11 [1] 6.89 [1]
Derivative, Underlying Basis       Brent Brent Brent Brent              
Maximum Price Limit per Barrel 20                          
Derivative, Swap Type, Fixed Price                 4.09          
Derivative Latest Maturity Period                 December 2014          
[1] If the index price is less than the per barrel floor, FCX receives the difference between the per barrel floor and the index price up to a maximum of $20 per barrel less the option premium. If the index price is at or above the per barrel floor, FCX pays the option premium and no cash settlement is received.
[2] The average strike prices do not reflect any premiums to purchase the put options.