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FAIR VALUE MEASUREMENT (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Bank Time Deposits [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Crude Oil Options [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Crude Oil Options [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Crude Oil Options [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Crude Oil Options [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Crude Oil Options [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Natural Gas Swaps [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Natural Gas Swaps [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Natural Gas Swaps [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Natural Gas Swaps [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Natural Gas Swaps [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper Forward Contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper Forward Contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper Forward Contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper Forward Contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper Forward Contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Warrant [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Warrant [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Warrant [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Warrant [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Warrant [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
U.S. core fixed income fund [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Money market funds [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Equity securities [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government mortgage-backed securities [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Corporate bonds [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Government bonds and notes [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Asset-backed securities [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Municipal bonds [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Embedded derivatives in provisional sales/purchases contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Fair Value, Measurements, Recurring [Member]
Copper futures and swap contracts [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Fair Value, Measurements, Recurring [Member]
Bank Time Deposits [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2013
McMoRan Exploration Co [Member]
Dec. 31, 2012
McMoRan Exploration Co [Member]
Fair Value, Measurements, Recurring [Member]
Cost-method investments [Member]
Carrying Amount, Fair Value Disclosure [Member]
Dec. 31, 2012
McMoRan Exploration Co [Member]
Fair Value, Measurements, Recurring [Member]
Cost-method investments [Member]
Estimate of Fair Value, Fair Value Disclosure [Member]
Dec. 31, 2012
McMoRan Exploration Co [Member]
Fair Value, Measurements, Recurring [Member]
Cost-method investments [Member]
Fair Value, Inputs, Level 1 [Member]
Dec. 31, 2012
McMoRan Exploration Co [Member]
Fair Value, Measurements, Recurring [Member]
Cost-method investments [Member]
Fair Value, Inputs, Level 2 [Member]
Dec. 31, 2012
McMoRan Exploration Co [Member]
Fair Value, Measurements, Recurring [Member]
Cost-method investments [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Crude Oil Options [Member]
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2012
Crude Oil Options [Member]
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 3 [Member]
Dec. 31, 2013
Crude Oil Options [Member]
Minimum [Member]
Fair Value, Measurements, Recurring [Member]
Fair Value, Inputs, Level 3 [Member]
Investment securities (current and long-term):                                                                                                                                                                                                                                                                                                                            
Investment securities       $ 44 [1],[2] $ 492 $ 44 [1],[2] $ 585 $ 23 [1],[2] $ 24 $ 21 [1],[2] $ 561 $ 0 [1],[2] $ 0                                                                       $ 21 [1],[2] $ 22 [1],[2] $ 21 [1],[2] $ 22 [1],[2] $ 0 [1],[2] $ 0 [1],[2] $ 21 [1],[2] $ 22 [1],[2] $ 0 [1],[2] $ 0 [1],[2] $ 18 [1],[2] $ 16 [1],[2] $ 18 [1],[2] $ 16 [1],[2] $ 18 [1],[2] $ 16 [1],[2] $ 0 [1],[2] $ 0 [1],[2] $ 0 [1],[2] $ 0 [1],[2] $ 5 [1],[2] $ 8 [1],[2] $ 5 [1],[2] $ 8 [1],[2] $ 5 [1],[2] $ 8 [1],[2] $ 0 [1],[2] $ 0 [1],[2] $ 0 [1],[2] $ 0 [1],[2]                                                                                                                                                 $ 446 [3] $ 539 [3] $ 0 [3] $ 539 [3] $ 0 [3]      
Legally restricted funds (long-term):                                                                                                                                                                                                                                                                                                                            
Legally restricted funds       182 [1],[2],[4] 163 [1],[2] 182 [1],[2],[4] 163 [1],[2] 28 [1],[2],[4] 7 [1],[2] 154 [1],[2],[4] 156 [1],[2] 0 [1],[2],[4] 0 [1],[2]                                                                       48 [1],[2],[4] 50 [1],[2] 48 [1],[2],[4] 50 [1],[2] 0 [1],[2],[4] 0 [1],[2] 48 [1],[2],[4] 50 [1],[2] 0 [1],[2],[4] 0 [1],[2] 28 [1],[2],[4] 7 [1],[2] 28 [1],[2],[4] 7 [1],[2] 28 [1],[2],[4] 7 [1],[2] 0 [1],[2],[4] 0 [1],[2] 0 [1],[2],[4] 0 [1],[2]                     34 [1],[2],[4] 36 [1],[2] 34 [1],[2],[4] 36 [1],[2] 0 [1],[2],[4] 0 [1],[2] 34 [1],[2],[4] 36 [1],[2] 0 [1],[2],[4] 0 [1],[2] 28 [1],[2],[4] 30 [1],[2] 28 [1],[2],[4] 30 [1],[2] 0 [1],[2],[4] 0 [1],[2] 28 [1],[2],[4] 30 [1],[2] 0 [1],[2],[4] 0 [1],[2] 28 [1],[2],[4] 24 [1],[2] 28 [1],[2],[4] 24 [1],[2] 0 [1],[2],[4] 0 [1],[2] 28 [1],[2],[4] 24 [1],[2] 0 [1],[2],[4] 0 [1],[2] 15 [1],[2],[4] 15 [1],[2] 15 [1],[2],[4] 15 [1],[2] 0 [1],[2],[4] 0 [1],[2] 15 [1],[2],[4] 15 [1],[2] 0 [1],[2],[4] 0 [1],[2] 1 [1],[2],[4] 1 [1],[2] 1 [1],[2],[4] 1 [1],[2] 0 [1],[2],[4] 0 [1],[2] 1 [1],[2],[4] 1 [1],[2] 0 [1],[2],[4] 0 [1],[2]                                                            
Derivatives:                                                                                                                                                                                                                                                                                                                            
Derivative Asset 59 33   69 [2],[5] 41 [2],[5] 69 [2],[5] 41 [2],[5] 5 [2],[5] 5 [2],[5] 64 [2],[5] 36 [2],[5] 0 [2],[5] 0 [2],[5]                                                                                                                                                                                                                                       63 [2],[5] 36 [2],[5] 63 [2],[5] 36 [2],[5] 0 [2],[5] 0 [2],[5] 63 [2],[5] 36 [2],[5] 0 [2],[5] 0 [2],[5] 6 [2],[5] 5 [2],[5] 6 [2],[5] 5 [2],[5] 5 [2],[5] 5 [2],[5] 1 [2],[5] 0 [2],[5] 0 [2],[5] 0 [2],[5]                    
Total assets           295 789 56 36 239 753 0 0                                                                                                                                                                                                                                                                                                  
Derivatives: [Abstract]                                                                                                                                                                                                                                                                                                                            
Derivative Liability 320 20   332 [2] 28 [2],[5] 332 [2] 28 [2],[5] 1 [2] 1 [2],[5] 20 [2] 27 [2],[5] 311 [2] 0 [2],[5] 16 [2],[5] 27 [2],[5] 16 [2],[5] 27 [2],[5] 0 [2],[5] 0 [2],[5] 16 [2],[5] 27 [2],[5] 0 [2],[5] 0 [2],[5] 309 [2],[5] 309 [2],[5] 0 [2],[5] 0 [2],[5] 309 [2],[5] 4 [2] 4 [2] 0 [2] 4 [2] 0 [2] 1 [2],[5] 1 [2],[5] 1 [2],[5] 0 [2],[5] 0 [2],[5] 1 [2],[5] 1 [2],[5] 1 [2],[5] 0 [2],[5] 0 [2],[5] 2 [2],[6] 2 [2],[6] 0 [2],[6] 0 [2],[6] 2 [2],[6]                                                                                                                                                                                                                       (309) 0  
Long-term debt, including current portion       20,706 [7] 3,527 [7] 20,487 [7] 3,589 [7] 0 [7] 0 [7] 20,487 [7] 3,589 [7] 0 [7] 0 [7]                                                                                                                                                                                                                                                                                                  
Total liabilities           20,819 3,617 1 1 20,507 3,616 311 0                                                                                                                                                                                                                                                                                                  
Legally restricted funds $ 392 [8] $ 163 [8] $ 210                                                                                                                                                                                                                                                                                                   $ 210                  
Dividend Rate of Investee Preferred Stock                                                                                                                                                                                                                                                                                                           5.75%                
Fair Value Assumptions, Implied Volatility Rate                                                                                                                                                                                                                                                                                                                           17.00%
[1] Current portion included in other current assets and long-term portion included in other assets.
[2] Recorded at fair value.
[3] Recorded at cost and included in other assets.
[4] Legally restricted funds excluded $210 million of time deposits (which approximated fair value) at December 31, 2013, associated with the Cerro Verde royalty dispute (refer to Note 12 for further discussion).
[5] rude oil options are net of $444 million for deferred premiums and accrued interest.
[6] Included in other liabilities. Refer to Note 2 for further discussion.
[7] Recorded at cost except for debt assumed in the PXP and FMC acquisitions, which were recorded at fair value at the respective acquisition dates.
[8] Included $210 million (time deposit that secures a bank guarantee) associated with the Cerro Verde royalty dispute and $158 million for AROs related to properties in New Mexico at December 31, 2013, and $161 million for AROs related to properties in New Mexico at December 31, 2012 (refer to Note 12 for further discussion).