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STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION (Details) (USD $)
1 Months Ended 12 Months Ended 13 Months Ended
Apr. 30, 2011
Dec. 31, 2010
Oct. 31, 2010
Apr. 30, 2010
Oct. 31, 2009
Feb. 28, 2009
Dec. 31, 2011
years
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Jul. 31, 2008
Stockholders' Equity Note [Abstract]                      
FCX's authorized shares of capital stock                   1,850,000,000  
FCX's authorized shares of common stock                   1,800,000,000  
FCX's authorized shares of preferred stock                   50,000,000  
Number of shares outstanding as a result of stock split             945,000,000        
Number of shares outstanding prior to stock split             472,000,000        
Par value of common stock (in dollars per share)   $ 0.10         $ 0.10 $ 0.10      
Number of shares authorized under open-market share purchase program                     30,000,000
Shares acquired during 2008                   6,300,000  
Cost to acquire shares during 2008                   $ 500,000,000  
Average cost per share acquired during 2008                   $ 79.15  
Remaining shares available under the program                   23,700,000  
Public offering of FCX common stock           53,600,000          
Average price used in the public offering of common stock           $ 14.00          
Gross proceeds of the public offering of common stock           750,000,000          
Net proceeds of the public offering of common stock           740,000,000 0 0 740,000,000    
Authorized Annual Rate Of Common Stock Dividend     $ 1.00 $ 0.60 $ 0.30            
Supplemental common stock dividend $ 0.50 $ 0.50                  
Authorized Quarterly Rate Of Common Stock Dividend             $ 0.25        
Stock-Based Compensation Cost [Abstract]                      
Stock options awarded to employees (including directors)             84,000,000 84,000,000 67,000,000    
Stock options awarded to nonemployees             1,000,000 5,000,000 5,000,000    
Restricted stock units awarded to employees (including directors)             32,000,000 30,000,000 29,000,000    
Restricted stock awards to employees             0 1,000,000 2,000,000    
Stock appreciation rights             (2,000,000) 2,000,000 4,000,000    
Total stock-based compensation cost             115,000,000 [1] 122,000,000 [1] 107,000,000 [1]    
Tax benefit             (42,000,000) (45,000,000) (41,000,000)    
Noncontrolling interests' share             (4,000,000) (3,000,000) (3,000,000)    
Impact on net income (loss)             69,000,000 74,000,000 63,000,000    
Amount of joint venture partner share of the cost of employee stock option exercises             3,000,000 4,000,000 2,000,000    
Stock appreciation rights outstanding and included in stock options             69,672        
Stock options and stock appreciation rights [Roll Forward]                      
Balance at beginning of period (in number of options)             26,930,444 24,921,594 19,705,894    
Granted (in number of options)             4,230,500 8,303,000 7,302,000    
Exercised (in number of options)             (3,044,174) (6,081,650) (1,571,874)    
Expired/Forfeited (in number of options)             (149,625) (212,500) (514,426)    
Balance at end of period (in number of options)   26,930,444         27,967,145 26,930,444 24,921,594 19,705,894  
Stock options and stock appreciation rights, additional disclosures [Abstract]                      
Weighted-average exercise price at beginning of period (in dollars per option)             $ 30.22 $ 27.59 $ 32.49    
Granted (in dollars per option)   $ 36.15         $ 55.43 $ 36.15 $ 12.94    
Exercised (in dollars per option)   $ 27.54         $ 21.88 $ 27.54 $ 20.15    
Expired/Forfeited (in dollars per option)             $ 37.61 $ 30.29 $ 30.29    
Weighted-average exercise price at end of period (in dollars per option)   $ 30.22         $ 34.90 $ 30.22 $ 27.59 $ 32.49  
Weighted-average remaining contractual term (in years)             6.9        
Aggregate intrinsic value of outstanding             152,000,000        
Vested and exercisable at end of period (in options)             13,560,645        
Weighted-average option price of vested and exercisable (in dollars per option)             $ 33.10        
Weighted-average remaining contractual term of vested and exercisable (in years)             5.7        
Aggregate intrinsic value of vested and exercisable             65,000,000        
Fair value assumptions and methodology [Abstract]                      
Weighted-average expected volatility (in hundredths)             50.90% 51.90% 70.60%    
Expected life of options (in years)             4.3400 4.6100 4.3700    
Weighted-average expected dividend rate (in hundredths)             1.80% 0.80% 0.00%    
Risk free interest rate (in hundredths)             1.60% 2.20% 1.50%    
Weighted-average grant-date fair value (in dollars per option)             $ 20.58 $ 15.33 $ 7.14    
Total intrinsic value of options exercised             101,000,000 129,000,000 24,000,000    
Fair value of options vested             89,000,000 61,000,000 70,000,000    
Total unrecognized compensation cost related to unvested stock options expected to be recognized over a weighted-average period             101,000,000        
Weighted-average period used in calculating unrecognized compensation cost, stock options             1.5        
Summary of amounts related to exercises of stock options and SARs and vesting of restricted stock units and restricted stock awards [Abstract]                      
Shares tendered to pay exercise price and minimum required taxes (in shares)             936,811 [2] 934,099 [2] 542,786 [2]    
Cash received from exercise of stock options             48,000,000 109,000,000 18,000,000    
Actual tax benefit realized for tax deductions             45,000,000 50,000,000 21,000,000    
Amount paid for employee taxes             45,000,000 28,000,000 12,000,000    
Amount paid for exercised stock appreciation rights             1,000,000 1,000,000 1,000,000    
Restricted Stock Units [Roll Forward]                      
Balance, beginning of period (in RSUs)             2,140,914        
Granted (in RSUs)             381,636        
Vested (in RSUs)             (1,257,274)        
Forfeited (in RSUs)             0        
Balance, end of period (in RSUs)   2,140,914         1,265,276 2,140,914      
Weighted-average remaining contractual term for restricted stock units (in years)             1.4        
Restricted Stock Units Outstanding Intrinsic Value             47,000,000        
Total grant-date fair value of restricted stock units granted             21,000,000        
Total intrinsic value of restricted stock units vested             69,000,000 50,000,000 22,000,000    
Total unrecognized compensation cost related to unvested restricted stock units expected to be recognized over a weighted-average period             $ 2,000,000        
Weighted-average period used in calculating unrecognized compensation costs, restricted stock units             less than one year        
[1] Amounts are before Rio Tinto’s share of the cost of employee exercises of in-the-money stock options, which decreased consolidated selling, general and administrative expenses by $3 million in 2011, $4 million in 2010 and $2 million in 2009.
[2] Under terms of the related plans, upon exercise of stock options and vesting of restricted stock units and restricted stock awards, employees may tender FCX shares to FCX to pay the exercise price and/or the minimum required taxes.