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FINANCIAL INSTRUMENTS (Unrealized gains losses) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
FMC's copper futures and swap contracts [Member] | Amounts recorded in Sales [Member]
     
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative instruments not designated as hedging instruments, gain (loss), net $ 0 [1] $ 0 [1] $ 64 [1]
Embedded derivatives in provisional sales contracts [Member] | Amounts recorded in Sales [Member]
     
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative instruments not designated as hedging instruments, gain (loss), net (519) [1] 619 [1] 1,393 [1]
Embedded derivatives in provisional purchase contracts - Copper [Member] | Amounts recorded in Cost of Sales [Member]
     
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative instruments not designated as hedging instruments, gain (loss), net 0 [2] (2) [2] (3) [2]
PT Freeport Indonesia's copper forward contracts [Member] | Amounts recorded in Sales [Member]
     
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative instruments not designated as hedging instruments, gain (loss), net 0 [1] 0 [1] (104) [1]
Atlantic Copper Copper Forward Commodity Contracts [Member] | Amounts recorded in Cost of Sales [Member]
     
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative instruments not designated as hedging instruments, gain (loss), net (2) [2] (30) [2] 2 [2]
Fair Value Hedging [Member] | FMC's copper futures and swap contracts [Member] | Amounts recorded in Sales [Member]
     
Derivative Instruments, Gain (Loss) [Line Items]      
Derivative financial instruments (28) 7 11
Hedged item 28 (7) (11)
Realized gains (losses) from matured derivative financial instruments that qualified for hedge accounting $ (28) $ 37 $ 49
[1] Amounts recorded in revenues.
[2] Amounts recorded in cost of sales as production and delivery costs.