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Financial Instruments (Unaudited) Unsettled Derivatives (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Derivatives, Fair Value [Line Items]    
Paid to brokers associated with margin requirements $ 12 $ 31
Received from customers associated with margin requirements   3
FMC's Copper Futures and Swap Contracts [Member] | Derivatives designated as hedging instruments [Member] | Other Current Assets [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 10 [1],[2] 3 [1],[2]
FMC's Copper Futures and Swap Contracts [Member] | Derivatives designated as hedging instruments [Member] | Accounts payable and accrued liabilities [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position (3) [2],[3] (13) [2],[3]
Atlantic Copper's copper forward contracts [Member] | Derivatives not designated as hedging instruments | Other Current Assets [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 1 [1] 2 [1]
Embedded derivatives in provisional sales/purchases contracts [Member] | Derivatives not designated as hedging instruments | Net accounts receivable [Member]
   
Derivatives, Fair Value [Line Items]    
Asset position 46 [4] 72 [4]
Embedded derivatives in provisional sales/purchases contracts [Member] | Derivatives not designated as hedging instruments | Net accounts payable [Member]
   
Derivatives, Fair Value [Line Items]    
Liability position $ (29) [4] $ (82) [4]
[1] Amounts recorded in other current assets.
[2] FCX had paid $12 million to brokers at March 31, 2012, and $31 million at December 31, 2011, for margin requirements (recorded in other current assets). In addition, FCX held $3 million in margin funding from customers at December 31, 2011, associated with margin requirements (recorded in accounts payable and accrued liabilities).
[3] Amounts recorded in accounts payable and accrued liabilities.
[4] Amounts recorded either as a net accounts receivable or a net accounts payable.